Tsakos Energy Navigation 9.25% Series E Fixed to Floating RateCumulative Redeemable Perpetual Preferred Shares

Coupon will be fixed at 9.25% until 5/28/2027 after which the rate will float at 3 month Libor plus a spread of 6.881%.

Investors will receive a 1099 at tax time as Tsakos Energy Navigation has chosen to be taxed as a c-corp





TNP-E
TNP
NA
03/29/2017
05/28/2027
None
4,000,000
600,000
9.25%
$25.00
Yes
Yes
0.58
JAN, APR, JUL, OCT
26
FEB, MAY, AUG, NOV
28
NR
C
NR