samantaao
Forumer storico
Grazie Fabrib. Mi sembrava notizia di qualche giorno fa... cosa ne pensate della preferred?
Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa
Fabrib
Forumer storico
Peco
Forumer storico
Fabrib
Forumer storico
- Sachem Capital (NYSE:SACH) commenced a registered public offering of unsecured, unsubordinated notes due 5 years from the date of issue.
- The notes will rank pari passu with all SACH's unsecured, unsubordinated indebtedness, whether currently outstanding or issued in the future.
- SACH will pay interest on the notes on Mar. 30, Jun. 30, Sept. 30 and Dec. 30 of each year they are outstanding, as per an SEC filing.
- The notes are expected to be listed on the NYSE American under the trading symbol “SCCE” and to trade thereon within 30 days of the original issue date.
- The interest rate and other terms of the notes will be determined at the time of the pricing of the offering.
- At Sept. 30, the aggregate principal amount of SACH's outstanding unsubordinated unsecured indebtedness was $114.5M. In Dec., SACH issued an additional $51.75M aggregate principal amount of unsecured subordinated indebtedness.
Ultima modifica:
Fabrib
Forumer storico
Sachem Capital prices a registered public offering of $50.0M of 6.00% unsecured, unsubordinated notes due five years from the date of issuance for an expected net proceeds of ~$48.2M.
Offering is expected to close on March 9, 2022.
Underwriters over-allotment is additional $7.5M aggregate principal amount of Notes.
The notes will rank pari passu with all SACH’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 “SCCE” and begin to trade on or about March 10, 2022.
The Notes will mature on March 30, 2027, 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 March 9, 2024.
Interest on the notes will accrue at the annual rate of 6.00% and will be payable quarterly, in arrears, on March 30, June 30, September 30 and December 30 of each year they are outstanding, beginning on June 30, 2022.
Offering is expected to close on March 9, 2022.
Underwriters over-allotment is additional $7.5M aggregate principal amount of Notes.
The notes will rank pari passu with all SACH’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 “SCCE” and begin to trade on or about March 10, 2022.
The Notes will mature on March 30, 2027, 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 March 9, 2024.
Interest on the notes will accrue at the annual rate of 6.00% and will be payable quarterly, in arrears, on March 30, June 30, September 30 and December 30 of each year they are outstanding, beginning on June 30, 2022.
Ultima modifica:
Peco
Forumer storico
Grazie Fabrizio.Sachem Capital (NYSEACH) prices a registered public offering of $50.0M of 6.00% unsecured, unsubordinated notes due five years from the date of issuance for an expected net proceeds of ~$48.2M.
Offering is expected to close on March 9, 2022.
Underwriters over-allotment is additional $7.5M aggregate principal amount of Notes.
The notes will rank pari passu with all SACH’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 “SCCE” and begin to trade on or about March 10, 2022.
The Notes will mature on March 30, 2027, 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 March 9, 2024.
Interest on the notes will accrue at the annual rate of 6.00% and will be payable quarterly, in arrears, on March 30, June 30, September 30 and December 30 of each year they are outstanding, beginning on June 30, 2022.
Isin US78590A7037
Fabrib
Forumer storico
- Global Ship Lease (NYSE:GSL) announcing partial redemption of its 8.00% Senior Notes due 2024.
- In total, $28.5M aggregate principal amount of the notes will be redeemed at a price equal to 102.00% of the principal amount, plus accrued and unpaid interest to, but not including, the redemption date of Apr. 05, 2022.
- The Redeemed Notes will be selected by Wilmington Savings Fund Society, the Trustee, as per the applicable rules and procedures of The Depository Trust Company.
- Notes and portions of notes selected for redemption will be in principal amounts of $25.00 or integral multiples of $25.00 in excess of thereof.
- Upon completion of the redemption, ~$89.02M of the notes will remain outstanding.
nuvola nera
Forumer storico
Qualcuno segue cedar ? ( e un reit focalizzato sui negozi ) è stato acquistato da Wheeler real estate con relativo prossimo delisting delle azioni ( che ne hanno ben risentito ) contrariante le due prefer hanno subito un bel tracollo ( forse perché rimangono a mercato? )
Peco
Forumer storico
Ciao nuvola nera. CDR ha suddiviso i propri asset in tre parti. Le prime due parti saranno vendute a titolo definitivo per circa $ 267 milioni in contanti. La terza parte che rimane al REIT CDR viene venduta a WHLR per $ 291 milioni. WHLR paga quei $ 291 milioni assumendo la quota delle azioni privilegiato di $ 161 milioni (6,45 milioni x $ 25) e un nuovo prestito da Key Bank per $ 130 milioni. Strana transazione per WHLR poiché la sua capitalizzazione di mercato è di soli $ 20 milioni. Quindi CDR ottiene contanti per $ 267 milioni per la vendita a titolo definitivo di asset e $ 130 milioni per la vendita del REIT, per un totale di $ 397 milioni, e li distribuisce ai suoi azionisti, circa $ 29 per azione. CDR sta liquidando dando al comune tutto il denaro ottenuto, lasciando poco o nulla per gli azionisti privilegiati.
Nella migliore delle ipotesi hai il REIT CDR con asset che valgono davvero $ 291 milioni ma con pochissime probabilità di avere un reddito imponibile per mantenere il dividendo privilegiato, quindi il dividendo molto probabilmente sarà sospeso. WHLR ha già sospeso i dividendi sulle proprie azioni privilegiate anni fa. WHLR non corre alcun rischio acquistando CDR REIT a un prezzo piuttosto elevato poiché il prestito bancario di 130 milioni di dollari sarà garantito dalla controllata CDR, non da WHLR.
