Preferred Stock Calendar

On The Horizon

FIVE OAKS INVESTMENT INC.: Series A cumulative redeemable preferred stock; 15% over-allotment option; redeemable 2018 or in the event of a change of control; Keefe Bruyette & Woods Inc. and Ladenburg Thalmann & Co. Inc. (joint); Mitsubishi UFJ Securities (USA) Inc., BTIG LLC, Maxim Group LLC and MLV & Co. LLC (co-managers); payable monthly; proceeds to be used to purchase residential mortgage-backed securities and mortgage-backed securities; New York-based real estate investment trust focused on investing, financing and managing a portfolio of RMBS and MBS.

POWER REIT: Series A cumulative redeemable perpetual preferred stock; redeemable in 2018 or in the case of a delisting event or change of control; mandatorily redeemable if not listed on an exchange by 2018; company to market and place shares itself; proceeds to be used for acquisitions, to retire debt or for working capital; Old Bethpage, N.Y.-based real estate investment trust.

VANTAGESOUTH BANCSHARES INC.: $50 million of fixed-to-floating-rate noncumulative perpetual preferreds; redeemable upon a regulatory capital treatment event or after a certain date; Keefe, Bruyette & Woods, Inc. and Sandler O'Neill + Partners LP; proceeds to buy back TARP preferreds and warrants from Treasury Department; Raleigh, N.C.-based bank holding company.

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