As mentioned yesterday BDC Fidus Investment (FDUS) plans to call their 5.875% baby bonds (FDUSL) with the proceeds of a new $1,000 bond issue.
FDUS updated their ‘use of proceeds’ to include the partial call of their 6% baby bond issue (FDUSZ) which becomes callable 2/15/2021.
CR mentioned this possibility yesterday as did others.
The $1,000 bond was priced at 4.75% as noted by some others.
Tim any update on,,, signature bank .. offering
What update are you looking for? Trading as SBNYP
Georges–this one?
https://innovativeincomeinvestor.com/signature-bank-to-sell-new-preferred/