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New York Mortgage Trust Inc. 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Coupon is fixed at .875% until 10/15/2026 at which point it begins to float at 3 month SOFR plus a spread of 6.13%

Ticker: NYMTL

Parent Ticker: NYMT

OTC Grey Market Temporary Ticker: NA

Issuance Date: 06/29/2021

1st Call Date: 10/15/2026

Maturity Date: None

Shares Issued: 5,000,000

Overallotment Shares: 750,000

Coupon: 6.875%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.4297

Payment Months: JAN, APR, JUL, OCT

Payment Day: 15

S&P Rating: NR

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

Moody Rating: NR

Fitch Rating: NR

Egan-Jones Rating: NR