Effective 7/19/2023 the coupon will be increased 2% and will be increased 2% on each anniversery date to a maximum of 14% unless redeemed
If the company fails to maintain an asset coverage ratio of 200% the company must redeem enough shares (which may include some of these preferred shares) to cause the company to meet the asset coverage ratio.
Redeemed 10/07/2022
BRG-C
BRG
07/12/2016
07/19/2021
None
2,000,000
300,000
7.625%
$25.00
Yes
No
JAN, APR, JUL, OCT
5