Dividend suspended on 3/8/2022
Shares reopened on 12/15/2020. 1.73 million shares to be offered plus over allotment of 259,500.
Type: Regular
Vornado Realty Trust 5.25% Series N Cumulative Redeemable Preferred Shares
Watford Holdings LTD 8.50% Cumulative Redeemable Preference Shares
9,065,200 shares were sold in a private placement on 3/31/2014 with a coupon of 8.5%. Coupon is fixed at 8.50% until 6/30/2019 at which point shares float at 3 month Libor plus a spread of 6.6785%. IF 3 month libor is BELOW 1% then 1% will be used as the libor floor.
The company redeemed 6,919,998 shares on 7/2/2019
Bank of America Corp 4.375% Non-Cumulative Preferred Shares, Series NN
Brighthouse Financial Inc. 5.375% Non-Cumulative Preferred Stock, Series C