Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Calendar > Headlines for 2014 > News item |
Preferred Stock Calendar
On The Horizon
ENERJEX RESOURCES INC.:
$10 million of non-dilutive 10% series A cumulative redeemable perpetual preferred stock
$1.5 million greenshoe
Northland Capital Markets and Euro Pacific Capital (joint bookrunners)
Dividends payable monthly
Redeemable at par plus accrued dividends in 2017
Proceeds will be used to accelerate the development of the companys oil and gas properties in Kansas and Colorado and for general corporate purposes, which may include the temporary repayment of borrowings under a revolving credit facility
San Antonio-based independent oil and gas exploration and production company
NATIONAL GENERAL HOLDINGS CORP.:
$100 million of series A noncumulative preferred stock
Morgan Stanley & Co. LLC and UBS Securities LLC (bookrunners)
Proceeds will be used for general corporate purposes, including future acquisitions and to fund current and future policy writings
New York-based specialty personal lines insurance holding company
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.