Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

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Crown Castle International Corp. — Preferred Stock Offering

Company: Crown Castle International Corp.

Date announced: 7/19/2017
Shares Offered: 1,500,000
Date of Pricing: 7/21/2017
Price Per Share: $1,000.00
Preferred Stock Offering Details: Crown Castle International Corp. (NYSE:CCI) ("Crown Castle") announced today that it is commencing concurrent offerings of $3.25 billion of shares of its common stock and $1.5 billion of shares of its Mandatory Convertible Preferred Stock, Series A, each in a separate registered public offering, subject to market and other conditions. These offerings are being made by means of separate prospectus supplements and are not contingent on each other or upon the consummation of the recently announced transaction between LTS Group Holdings LLC ("Lightower") and Crown Castle ("Lightower Transaction"). Crown Castle expects to use the net proceeds from these offerings, together with the net proceeds from additional debt financing, which may include additional borrowings under its revolving credit facility, to finance the consideration to be paid in connection with the Lightower Transaction. If for any reason the Lightower Transaction does not close or closes for reduced consideration, then Crown Castle expects to use the net proceeds from these offerings for general corporate purposes, which may include, in the Company's sole discretion, the redemption of the Mandatory Convertible Preferred Stock and the repurchase or repayment of indebtedness. Crown Castle intends to grant the underwriters in each respective offering the option to purchase up to an additional $325 million of shares of its common stock and up to an additional $150 million of shares of its Mandatory Convertible Preferred Stock. -updated 7/21- Crown Castle International Corp. (NYSE:CCI) ("Crown Castle") announced today that it has priced its concurrent offerings of 36,500,000 shares of its common stock at $96.00 per share and 1,500,000 shares of its 6.875% Mandatory Convertible Preferred Stock, Series A, at $1,000.00 per share. In addition, the underwriters in each respective offering have been granted an option to purchase up to an additional 3,650,000 shares of common stock and up to an additional 150,000 shares of Mandatory Convertible Preferred Stock. These offerings are being made by means of separate prospectus supplements and are not contingent on each other or upon the consummation of the recently announced transaction between LTS Group Holdings LLC and Crown Castle ("Lightower Transaction"). The offerings are expected to close on July 26, 2017, subject to customary closing conditions.

Crown Castle International owns, operates and leases shared wireless infrastructure, including: towers and other structures, such as rooftops and fiber supporting small cell networks. Co.'s core business is providing access, including space or capacity, to its shared wireless infrastructure via long-term contracts in various forms, including license, sublease and lease agreements. As part of its effort to provide wireless infrastructure solutions, Co. also provides certain network services relating to its wireless infrastructure, consisting of site development services relating to existing or new tenant equipment installations on its wireless infrastructure and installation services.
 
UMH Properties, Inc. — Preferred Stock Offering

Company: UMH Properties, Inc.

Date announced: 7/20/2017
Shares Offered: 5,000,000
Date of Pricing: 7/21/2017
Price Per Share: $25.00
Preferred Stock Offering Details: UMH Properties, Inc. (NYSE: UMH) today announced the launch of an underwritten public offering of 4,000,000 shares of the Company's Series C Cumulative Redeemable Preferred Stock, under an existing shelf registration statement. The underwriters are expected to be granted a 30-day over-allotment option to purchase up to an additional 600,000 shares of the Company's Series C Preferred Stock. The Company will apply to list the shares of Series C Preferred Stock on the New York Stock Exchange. -updated 7/20- UMH Properties, Inc. (NYSE: UMH) today announced the pricing of an underwritten public offering of 5,000,000 shares of its 6.75% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") at an offering price of $25.00 per share. In addition, the Company has granted the underwriters a 30-day over-allotment option to purchase up to an additional 750,000 shares of Series C Preferred Stock. The Series C Preferred Stock is a new series of Preferred Stock which will rank on a parity with the Company's outstanding 8.25% Series A Preferred Stock (the "Series A Preferred Stock") and 8.0% Series B Preferred Stock (the "Series B Preferred Stock"). The Company has applied to list the shares of Series C Preferred Stock on the New York Stock Exchange. The Series C Preferred Stock will have a $25.00 liquidation value per share.

UMH Properties is a self-administered and self-managed qualified real estate investment trust (REIT). Co.'s primary business is the ownership and operation of manufactured home communities – leasing manufactured home sites to private manufactured home owners. Co. also leases homes to residents, and through its REIT subsidiary, UMH Sales and Finance, Inc., conducts manufactured home sales in its communities. As of Dec 31 2016, Co. owned and operated 101 manufactured home communities containing approximately 18,000 developed sites. The communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan.
 
Per una volta posso dare io un contributo ....

Credit Suisse, appena pubblicato:

Scorpio Bulkers Inc. (SALT) OUTPERFORM [V] G. Lewis CP: US$ 7.25 TP: US$ 10 CAP: US$ 546m 212 325 6418 Shifting to Offense From Defense; Raising 2017 Estimates  Unshackled. Following an agreement with its banks to resume scheduled amortization on its debt, the banks have granted SALT permission to reinstate a dividend and buyback stock. SALT has $60M in scheduled amortization through 2018 against cash of $149M. Management noted any dividend discussion is still early days but we see the potential for an initiation of a dividend next year as the market recovers. While SALT has the cash for a token dividend - investors will reward SALT for a dividend from cash flow from operations (we expect $27M in OCF in 2018) not from cash. Bottom line, we expect SALT to be conservative in returning capital to shareholders.  Stabilizing. SALT has fixed 50%/56% of its Kamsarmaxes/Ultramaxes at ~$9k/d which is down/up 6%/8% Q-Q. With spot rates currently averaging ~$10k/d/$9k/d - we expect Q3 to look a lot like Q2. We note rates historically bottom in July and we expect that trend to hold in 2017 with rates up roughly 10-15% from their bottom earlier this month.  Balance Sheet Normalizing. SALT's net debt to capital is ~30%, which is down 200bps Q-Q. With no CAPEX, we see SALT's balance sheet stabilizing in the low 30%s through 2018. This should put SALT in the driver's seat of a dry bulk recovery, giving it flexibility to return capital and opportunistically acquire assets.  Increasing Estimates. We are increasing our 2017 EPS estimates to -$0.70 (from -$0.73) primarily to account for Q3 guidance and costs. We are 6% below consensus. Risks include spot rates, recession, and fleet growth.  Earnings. SALT reported Q2 EPS of a loss of $0.19, below consensus of a loss of $0.17 (CS -$0.18). The miss to our estimate was primarily due to higher costs (interest expense). Net revenue was $38M (Consensus $39M) which was up 99% Q-Q and up 116% Y-Y, due to a larger fleet and higher rates. EBITDA was $7.3M (Consensus $7.8M).
 
entrato sulla Bombardier Inc. (BBD-PC.TO)

Questa pref è la serie 4

Bombardier può, con una notifica tra i 30 ei 60 giorni, convertire tutte le azioni privilegiate della Serie 4 in azioni di Classe B.( azioni comuni )

Il numero delle azioni di classe B in cui ciascuna delle azioni privilegiate della Serie 4 può essere convertita sarà determinata dividendo il prezzo di rimborso applicabile per azione privilegiata di Serie 4, unitamente a tutti i dividendi maturati e non pagati fino a escludere la data di conversione, con Il più alto tra $ 2.00 CAN e il 95% del prezzo medio ponderato di negoziazione delle azioni della Classe B sul TSX per il periodo di 20 giorni di trading consecutivi che terminano il quarto giorno prima della data specificata per la conversione o, se quel quarto giorno non è un giorno di negoziazione, il giorno di negoziazione immediatamente precedente al quarto giorno. Se non tutte le azioni privilegiate della Serie 4 sono convertire, le azioni da convertire saranno selezionate per lotto o in un altro modo equo stabilito dalla società.
 
Questa pref è la serie 4

Bombardier può, con una notifica tra i 30 ei 60 giorni, convertire tutte le azioni privilegiate della Serie 4 in azioni di Classe B.( azioni comuni )

Il numero delle azioni di classe B in cui ciascuna delle azioni privilegiate della Serie 4 può essere convertita sarà determinata dividendo il prezzo di rimborso applicabile per azione privilegiata di Serie 4, unitamente a tutti i dividendi maturati e non pagati fino a escludere la data di conversione, con Il più alto tra $ 2.00 CAN e il 95% del prezzo medio ponderato di negoziazione delle azioni della Classe B sul TSX per il periodo di 20 giorni di trading consecutivi che terminano il quarto giorno prima della data specificata per la conversione o, se quel quarto giorno non è un giorno di negoziazione, il giorno di negoziazione immediatamente precedente al quarto giorno. Se non tutte le azioni privilegiate della Serie 4 sono convertire, le azioni da convertire saranno selezionate per lotto o in un altro modo equo stabilito dalla società.

quindi l'ho preso in quel posto li'??????? :( :(

ecco perche' rendono un bel po'.. evabbe'.... ne ho pres eoslo 2k eur
 
Questa pref è la serie 4

Bombardier può, con una notifica tra i 30 ei 60 giorni, convertire tutte le azioni privilegiate della Serie 4 in azioni di Classe B.( azioni comuni )

Il numero delle azioni di classe B in cui ciascuna delle azioni privilegiate della Serie 4 può essere convertita sarà determinata dividendo il prezzo di rimborso applicabile per azione privilegiata di Serie 4, unitamente a tutti i dividendi maturati e non pagati fino a escludere la data di conversione, con Il più alto tra $ 2.00 CAN e il 95% del prezzo medio ponderato di negoziazione delle azioni della Classe B sul TSX per il periodo di 20 giorni di trading consecutivi che terminano il quarto giorno prima della data specificata per la conversione o, se quel quarto giorno non è un giorno di negoziazione, il giorno di negoziazione immediatamente precedente al quarto giorno. Se non tutte le azioni privilegiate della Serie 4 sono convertire, le azioni da convertire saranno selezionate per lotto o in un altro modo equo stabilito dalla società.


Peco.... ma devo verificarsi particolari condizioni per cui l'azienda acquisisce il diritto a convertire. oppure domani si alza con la luna storta e converte?????
 

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