Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa (6 lettori)

Fabrib

Forumer storico
JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that it has priced an underwritten public offering of $36.0 million aggregate principal amount of 6.875% senior notes due 2029.
Net proceeds to JMP Group after discounts and commissions but before expenses are expected to be approximately $34.9 million. A portion of the net proceeds is intended to be used to redeem up to all of the outstanding 8.00% senior notes due 2023 (the “2023 Senior Notes”) of its wholly owned subsidiary, JMP Group Inc., following the completion of the offering, and the remainder, if any, will be used for general corporate purposes. This press release should not be construed as a notice of redemption for the 8.00% Senior Notes.
The notes will mature on September 30, 2029, and may be redeemed in whole or in part at any time or from time to time at JMP Group’s option on or after September 30, 2021, at a redemption price equal to the principal amount redeemed plus accrued and unpaid interest. The notes will bear interest at a rate of 6.875% per year, payable quarterly on March 30, June 30, September 30 and December 30 of each year, beginning on December 30, 2019.
UBS Securities LLC and Morgan Stanley & Co. LLC are acting as joint bookrunning managers of the offering; JMP Securities LLC and Wedbush Securities Inc. are acting as co-managers. The offering is expected to close on September 26, 2019, subject to customary closing conditions.
 

Fabrib

Forumer storico
J.C. Penney (JCP +4.9%) is in talks with creditors on ways to relieve some debt pressure ahead of the holiday season, according to Bloomberg.
Sources say a bankruptcy filing by JCP is not part of the discussion.
 

Maxwhite

Bondonly
Fatto censire nuova preferred Capital one financial 5% che andrà a sostituire altre due una al 6.7%. Capisco che il 5% è basso (dovremo abituarci anche a meno) ma in caso di cali di prezzo può diventare interessante.
Non ho trovato nessun annuncio di richiamo di pref Capitalone. Nè la 6,7% e nemmeno alcun altra. Puoi dare più dettagli per favore ?
 

bulogna

Forumer storico
Non ho trovato nessun annuncio di richiamo di pref Capitalone. Nè la 6,7% e nemmeno alcun altra. Puoi dare più dettagli per favore ?
Nessun comunicato ufficiale. Quando ci sono nuove emissioni che sicuramente sono a tasso più basso delle esistenti non è banale valutare un richiamo delle preferred già callabili. Capital one ne ha due già richiamabili a tassi più alti. Nell'articolo del link vi è una analisi con ipotesi di richiamo.
Capital One Financial Corporation: A New 5.00% Preferred Stock IPO That Is Currently Trading At A Discount - Capital One Financial Corporation (NYSE:COF) | Seeking Alpha
 

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