Exantas Capital Corp., 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock

Dividend suspended 3/2020 because of asset damage caused by Covid 19.

PREVIOUSLY WAS RESOURCE CAPITAL

Coupon will remain at 8.625% until 7/30/2024 at which time it will float at a rate of 3 month Libor plus a spread of 5.927%. Once the coupon reach the floating rate period the coupon will NOT move below 8.625%–this is the “floor”





XAN-C
XAN
NA
06/03/2014
07/30/2024
None
4,400,000
660,000
8.63%
$25.00
Yes
No
0.539
MAR, JUN, SEP, DEC
29
JAN, APR, JUL, OCT
30
NR
C
NR