Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa
Fabrib
Forumer storico
CBL Properties (NYSE:CBL) surges 9.7% in premarket trading after settling with activist investor Exeter Capital Investors by adding its president, Michael Ashner, to the board as well as Carolyn Tiffany.
Exeter owns 5.97% of CBL's common stock.
Also as part of the agreement, CBL's board forms a new capital allocation committee as an advisory committee to review financial strategies, capital allocation plans, and other matters related to its capital structure. The committee is made up of CBL CEO Stephen Lebovitz, independent director Richard Lieb, and Ashner.
Meanwhile, Exeter agrees to certain standstill and voting commitments through the 2020 annual meeting or for as long as Ashner remains on the board.
Tiffany was a member of Winthrop Realty Trust's board of trustees from 2009 until her retirement in June 2017 and currently serves as a trustee to its successor, Winthrop Realty Liquidating Trust.
Exeter owns 5.97% of CBL's common stock.
Also as part of the agreement, CBL's board forms a new capital allocation committee as an advisory committee to review financial strategies, capital allocation plans, and other matters related to its capital structure. The committee is made up of CBL CEO Stephen Lebovitz, independent director Richard Lieb, and Ashner.
Meanwhile, Exeter agrees to certain standstill and voting commitments through the 2020 annual meeting or for as long as Ashner remains on the board.
Tiffany was a member of Winthrop Realty Trust's board of trustees from 2009 until her retirement in June 2017 and currently serves as a trustee to its successor, Winthrop Realty Liquidating Trust.
Maxwhite
Bondonly
Grazie, gentilissimo. Strano che non abbiano messo ancora la notizia sui loro siti.
Ho visto che Northern Trust emette preferred ma Statestreet un senior ed un subordinato.
Richiamano capitale per sostituirlo con debito (parzialmente T2) ?
Va bene che sono molto solidi ed hanno capitale in eccesso, ma gli conviene ?
Peco
Forumer storico
Dalla vendita dei nuovi titoli incasseranno $ 1.490.000.000 netti, parte dei quali saranno utilizzati per una tender offer sulle obbligazioni subordinate 2047 T.V. @ $ 820 più interessi e il rimborso di $ 50.000.000 obbligazioni sub T.V. scadenza 2028, in questi titoli era prevista la clausola di accelerazione in caso di inadempienza, nel prospetto delle nuove emissioni si legge “ i possessori dei nostri titoli di debito senior emessi prima dell'8 maggio 2017 o i possessori dei nostri titoli di debito subordinati emessi prima del 2 novembre 2017 potrebbero essere in grado di accelerare i loro titoli in modo che tali titoli diventino immediatamente dovuti e pagabili , mentre i detentori delle note senior e delle note subordinate offerte con la presente non sarebbero in grado di farlo”.
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Non sono invece previste nuove emissioni preferred, pensano piuttosto a qualche richiamo, la Federal Reserve ha da poco presentato un pacchetto finale di regole che alleggerisce i requisiti patrimoniali e di liquidità per le banche che ora deve essere approvato dal congresso.
Fabrib
Forumer storico
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
- a monthly cash dividend of $0.132813 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on December 2, 2019 to holders of record as of November 15, 2019; and
- a monthly cash dividend of $0.171875 per share of 8.250% Non-cumulative Monthly Income Preferred Stock, Series B, payable on December 2, 2019 to holders of record as of November 15, 2019.
- a monthly distribution of $0.139583 per security of 6.700% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on December 2, 2019 to holders of record as of November 15, 2019; and
- a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on December 2, 2019 to holders of record as of November 15, 2019.
Fabrib
Forumer storico
Allstate esce con una nuova preferred
https://www.sec.gov/Archives/edgar/...40/a2239969z424b5.htm#dc42101_use_of_proceeds
https://www.sec.gov/Archives/edgar/...40/a2239969z424b5.htm#dc42101_use_of_proceeds
Wallygo
Forumer storico
sarà sicuramente un tasso basso
