Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa (3 lettori)

[Fabrib]

Just Energy (NYSE:JE) +10.4% pre-market after announcing commitments of support for its recapitalization plan from holders of C$68M principal amount of the company's subordinated convertible debentures.
The commitments cover the company's outstanding C$100M 6.75% subordinated convertible debentures due March 2023 and C$160M 6.75% subordinated convertible debentures due December 2021.
The recapitalization will be facilitated through a plan of arrangement under the Canada Business Corporations Act, as previously disclosed on July 8.
Just Energy expects the proposed plan will raise C$100M in committed new equity, reduce overall debt by C$275M and materially lower annual cash interest payments. (SA)

 

[Fabrib]

Prospect Capital (NASDAQ:PSEC):
Q4 GAAP NII of $0.16 misses by $0.01.
Total investment income of $145.2M (-11.7% Y/Y) beats by $1.81M.
Shares -1.7%.
Press Release

 

[Fabrib]

DENVER, Aug. 27, 2020 /PRNewswire/ -- CenturyLink Inc. (NYSE: CTL) today announced that Qwest Corporation, its indirect, wholly-owned subsidiary ("Qwest"), issued notices to redeem $250 million outstanding aggregate principal amount of its 6.625% Notes due 2055 (the "Qwest Notes").
Pursuant to these notices, on Sept. 15, 2020, $250 million outstanding aggregate principal amount of the Qwest Notes will be redeemed at par plus accrued and unpaid interest to, but excluding, the redemption date. Additional information regarding the redemption of the Qwest Notes is available from U.S. Bank National Association.
This press release does not constitute a notice of redemption with respect to the Qwest Notes.

 

[Fabrib]

Tsakos Preferred Shares: 10%+ Yield With Capital Gain Potential
TNPTNP.PCMarelYesterday, 5:39 PM9

 

[Fabrib]

Compass Diversified: Lagging Long-Term Performance And Unlikely Near-Term Catalyst
CODIHemlock Partners

 

[samantaao]

Compass Diversified: Lagging Long-Term Performance And Unlikely Near-Term Catalyst
CODIHemlock Partners

Lasciando da parte le azioni, mi sembra interessante la CODI-B cumulativa, 7,875% fino al 2028 poi 3m libor + 4,985%. L'emissione non ha rating, ma i conti della società sembrano tranquilli... sbaglio qualcosa?

 

[samantaao]

Inline XBRL Viewer

https://ir.usbank.com/static-files/184c71c9-9302-42af-8aff-a7a6b180698b

https://ir.usbank.com/static-files/47ba9b58-1c91-43e0-96e4-719d5e0e8ae7

grazie Peco
diciamo che Bancorp non va proprio a gonfie vele...

interessante questo passaggio:
The Federal Reserve also announced that due to the economic uncertainty from the coronavirus event, it will require all large banks to preserve capital through the suspension of share repurchase programs and by capping dividends to existing rates that do not to exceed the average of the last four quarters’ earnings.

secondo voi ci possiamo aspettare che le grandi banche non richiamino per un po' preferred e babybond?

 

[Fabrib]

 

[Fabrib]

Spark Energy: 8% Dividend, FCF To EV Of 16%, & 15% EBITDA Growth
SPKEValue Investment PrincipalsToday, 1:41 PM

 

[Fabrib]

BRANFORD, Conn.--(BUSINESS WIRE)-- Sachem Capital Corp. (NYSE American: SACH) announces the pricing of a registered public offering of $13.0 million aggregate principal amount of 7.75% unsecured, unsubordinated notes due 2025 (“Notes”). The net proceeds of the offering to Sachem Capital Corp. are expected to be approximately $12.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by Sachem Capital Corp.
The offering is expected to close on September 4, 2020, subject to customary closing conditions. Sachem Capital Corp. has granted the underwriters a 30-day option to purchase up to an additional $1.95 million aggregate principal amount of Notes to cover over-allotments, if any.
The Notes will rank pari passu with all the company’s unsecured, unsubordinated indebtedness, whether currently outstanding or issued in the future. The Notes are expected to be listed on the NYSE American under the trading symbol “SCCC” and begin to trade on or about September 10, 2020.
The Notes will mature on September 30, 2025, and may be redeemed, in whole or in part, at any time, or from time to time, at the company’s option on or after September 4, 2022. Interest on the Notes will accrue at the annual rate of 7.75% and will be payable quarterly, in arrears, on each March 30, June 30, September 30 and December 30 that the Notes are outstanding, beginning December 30, 2020.
Sachem Capital Corp. has received an investment grade private rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. Egan-Jones is a Nationally Recognized Statistical Ratings Organization (NRSRO) and is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP). Egan-Jones is also certified by the European Securities and Markets Authority (ESMA). A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.