Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

  • Creatore Discussione Creatore Discussione Topgun1976
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In addition, in order to preserve liquidity until it can more accurately assess the impact that current market conditions in fixed income markets will have on the Company's balance sheet and overall liquidity, the Company announced that it will delay the payment of its previously announced quarterly cash dividends on the Company's common stock, 7.75% Series A Cumulative Redeemable Preferred Stock, 7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred Stock and 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock. The quarterly cash dividend of $0.50 per share on the Company's common stock had been declared on March 17, 2020 and was to be paid on April 28, 2020 to all stockholders of record as of March 30, 2020. The Series A Preferred Stock dividend of $0.4844 per share had been declared on March 17, 2020 and was to be paid on April 27, 2020 to stockholders of record as of April 1, 2020. The quarterly dividends on the Series B Preferred Stock and Series C Preferred Stock were payable on March 27, 2020, to stockholders of record as of March 5, 2020.

The Company will continue to evaluate its liquidity situation and plans to provide updates regarding new payment dates and, if necessary, new record dates, for the dividends once such dates have been determined.

The Company has engaged Alston & Bird LLP as legal counsel and FTI LLC as financial advisor in connection with its financings and related matters.

About Invesco Mortgage Capital Inc.

Grazie!!!!!
 
Apollo Global Management (NYSE:APO) shells out more than $1B to seize opportunities linked to 10 distressed companies and is drawing on additional funds from investors to pursue more, Bloomberg reports, citing a person familiar with a private briefing of limited partners yesterday.
In the call, co-heads of private equity investing Matt Nord and David Sambur said they're tracking more than 250 potential opportunities to acquire distressed assets and pursuing chances to enhance returns by snapping up its own portfolio companies' discounted debt.
The two see the the market volatility caused by the coronavirus pandemic as a "time to shine," they said in the call.
The firm has called on ~$500M of commitments from investors in its eighth flagship private equity fund last week. They expect to use ~$2B in available dry power to "build value" in the current market environment.
The firm's investment committee approved $1B of distressed investments from the ~$18B of dry powder in Apollo's ninth flagship fund.
Still, Apollo expects to mark down its private equity portfolio by 15% to a “low 20%” figure in Q1, the executives said. Most markdowns may be temporary, they said.
 
Non le possiedo però vedo, se non vanno in chapter 11, che sono cumulative.
A differenza delle società corporate che si finanziano a lungo termine i REIT si finanziano a breve tramite pronti contro termine, una società con scadenze del debito diluite nel lungo periodo riesce a gestire meglio situazioni di stress come queste, se i finanziatori non sono più disposti a rinnovare i contratti o chiedono maggiori garanzie per i Reit diventa fondamentale conservare la liquidità sospendendo i dividendi.
 

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