OFS Credit Company has higher leverage and worse credit metrics compared to ECC and OXLC, but its preferred stock, OCCIN, offers an 8.5% YTM. Learn more on OCCI stock here.
The First Trust Preferred Securities and Income ETF (NYSEARCA: FPE) is not strictly focused on preferred shares—it also includes income-producing debt securities like corporate bonds and convertible ...
A first tranche payment of $13.0 million for the redemption of all of the shares of Preferred Stock held by the Securityholder, and payment of a portion of the outstanding balance of the Note so that ...
Preferred Stock Redeemable refers to a class of preferred shares issued by a company that includes a redemption feature. This feature allows the issuer to repurchase these shares at a ...