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DCP Midstream LP 7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units

Redeemed 10/16/2023

Coupon is fixed at 7.95% until 10/15/2023 after which it will float at a rate of 3 month Libor plus a spread of 4.882%

DCP Midstream was bought by Phillips 66 on 6/15/2023

Preferreds redeemed on 10/16/2023

Ticker: DCP-C

Parent Ticker: DCP

OTC Grey Market Temporary Ticker: DCPUU

Issuance Date: 10/02/2018

1st Call Date: 10/15/2023

Maturity Date: None

Shares Issued: 4,000,000

Overallotment Shares: 600,000

Coupon: 7.95%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.497

Payment Months: JAN, APR, JUL, OCT

Payment Day: 15

S&P Rating: B

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: B1

Fitch Rating: NR