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.
BRG Symbol Info by TradingView
MAR, JUN, SEP, DEC
JAN, APR, JUL, OCT