These shares, if outstanding, must be redeemed on 3/15/2031
If called on or after the 5th anniversary of issuance and before the 6th anniversary a 4% premium is paid on redemption. If paid on or after the 6th anniversary but before the 7th anniversary a 2% premium is paid on redemption. No premium is paid after the 7th anniversary date (2027).
Shares of the Parent are NOT publicly traded–the parent ticker shown is for sorting purposes only.
Most dividends are non qualified with some level of ‘return of capital’
Shares of the Parent are NOT publicly traded–the parent ticker shown is for sorting purposes only.
Most dividends are non qualified with some level of ‘return of capital’
This issue has a failure to redeem clause. If the shares are not redeemed on 3/31/2024 the coupon will increase 2% per year until redeemed. Additionally if dividends are not paid on schedule the coupon will rise 2% annually until redeemed (or until the dividend is paid).
