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Published on 11/14/2017 in the Prospect News Preferred Stock Daily.

Preferred Stock Calendar

On The Horizon

MB FINANCIAL, INC.:

• Series C non-cumulative perpetual preferreds

• Redeemable beginning in 2022 at $1,000 per preferred, plus any unpaid dividends

• Fixed rate until 2022, then converts to floating rate

• BofA Merrill Lynch and UBS Securities LLC are the lead bookrunners, and J.P. Morgan Securities LLC and Sandler O'Neill + Partners, LP are the bookrunners

• Proceeds to redeem some or all of the company’s 4 million series A preferreds and for general corporate purposes, which may include debt repayment

• Chicago-based financial holding company and the parent company of MB Financial Bank, NA

NUSTAR ENERGY LP:

• Series C fixed-to-floating rate cumulative redeemable perpetual preferred units

• Redeemable after Dec. 15, 2022

• Fixed rate until Dec. 15, 2022, after which a floating coupon

• Wells Fargo Securities LLC, BofA Merrill Lynch, J.P. Morgan Securities LLC and RBC Capital Markets Corp. are the bookrunners

• Proceeds for general partnership purposes, including capital expenditures and repaying debt under NuStar’s revolving credit agreement

• San Antonio-based limited partnership engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products and the marketing of petroleum products

PRIORITY INCOME FUND, INC.:

• $25-par non-callable term preferred stock

• Dividends are payable quarterly

• Proceeds for investments and general working capital purposes

• New York-based registered closed-end fund that is designed to provide investors with current income and portfolio diversification


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