Tsakos Energy Navigation Ltd, 8.75% Series D Cumulative Redeemable Perpetual Preferred Shares

Ticker: TNP-D

Parent Ticker: TNP

OTC Grey Market Temporary Ticker: NA

Issuance Date: 04/22/2015

1st Call Date: 04/29/2020

Maturity Date: None

Shares Issued: 3,400,000

Overallotment Shares: 510,000

Coupon: 8.75%

Face Value: $25.00

Cumulative: Yes

Qualified: Yes

Quarterly Dividend Amount: 0.546

Ex-Dividend Months: FEB, MAY, AUG, NOV

Approx. Ex-Dividend Day: 22

Payment Months: FEB, MAY, AUG, NOV

Payment Day: 28

S&P Rating: NR

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

Moody Rating: NR

Fitch Rating: NR