E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/27/2019 in the Prospect News Preferred Stock Daily.

Preferred Stock Calendar

On The Horizon

FAT BRANDS INC.:

• Up to $30 million of $25-par series B cumulative preferred stock with a dividend of 8.25%

• TriPoint Global Equities, LLC (bookrunner)

• Proceeds to refinance existing debt, as well as for general working capital and future acquisitions

• Beverly Hills, Calif.-based restaurant company

CIM COMMERCIAL TRUST CORP.:

• Up to $900 million $25-par series A preferred stock units with a dividend of 5.5%

• Includes one warrant to purchase common stock

• Redeemable after five years. In the two years after the redemption date, the preferreds are redeemable at $21.75. After two years to five years, they are redeemable at $22.50. After five years, they are redeemable at $25.00

• Dallas-based real estate investment trust specializing in office space

NATUR INTERNATIONAL CORP.:

• $7.2 million total of series D, series E and series G preferred stock

• Convertible into common stock at the option of the holder until Dec. 31, 2021, then automatically converted

• Amsterdam-based home health care services 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.