Type: Regular
Brookfield Infrastructure Partners LP 5.125% Class A Preferred Limited Partnership Unit, Series 13
MainStreet Bancshares Inc. 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock
10/01/2020 I have rated this new issue ‘D’. The company has a huge amount (22%+/-) of loans in deferral because of the corona virus. It is likely many of these loans will not be paid and as a small bank financials could be significantly affected.
7/6/2023 Upgraded to average as the bank has fixed their previous credit issues.
Capital One Financial 4.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K
Redeemable only on a dividend payment date
Federal Agricultural Mortgage Corp 5.25% Non-Cumulative Preferred Stock, Series D