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AIRT - Air T Funding: An Unusual Trust Preferred Stock IPO Has Begun Trading On The Nasdaq
Air T Inc.
Introduction
Our goal is to present to you our IPO analysis for every new fixed-income security that enters the market and to find out if there is any trading potential. In this article, we want to shed light on the newest trust preferred stock issued by Air T Funding, a statutory business trust formed by Air T Inc (AIRT). Even though the product may not be of interest to us and our financial objectives, it definitely is worth taking a look at.
The difference between the ordinary preferred stocks and the trust preferred