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Published on 12/16/2016 in the Prospect News Preferred Stock Daily.

Preferred Stock Calendar

On The Horizon

DEL MONTE PACIFIC LTD.:

• $250 million cumulative perpetual preferred stock

• Non-voting, non-participating and non-convertible

• BDO Capital & Investment Corp. (issue manager), BPI Capital Corp., China Banking Corp., PNB Capital and Investment Corp. and SB Capital Investment Corp. (joint lead underwriters and bookrunners)

• Price per share a maximum of $10.00

• Proceeds will be used to help refinance a $350 million bridge loan with BDO Unibank Inc.

• Philippines-based fruit company

NUVEEN FLOATING RATE INCOME FUND

• $1,000-par 4% series 2027 term preferred stock

• Morgan Stanley & Co. LLC (bookrunner)

• Optionally redeemable on Jan. 1, 2018

• Proceeds will be used to repay a portion of the fund’s borrowing under its credit agreement

• Fund managed by Nuveen Investments Inc.

NUVEEN FLOATING RATE OPPORTUNITY INCOME FUND

• $1,000-par 4% series 2027 term preferred stock

• Morgan Stanley & Co. LLC (bookrunner)

• Optionally redeemable on Jan. 1, 2018

• Proceeds will be used to repay all or a portion of the fund’s outstanding variable-rate term preferred shares

• Fund managed by Nuveen Investments Inc.


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