OXLCZ - New Preferred Stock And Exchange Traded Debt IPOs July 2024
2024-07-31 20:42:39 ET
Summary
- New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings.
- DCOMG achieved a perfect CDx3 Compliance Score, while Morgan Stanley and Regions Financial Corporation also priced new preferred stock offerings.
- Investors can buy new shares at wholesale prices through the OTC exchange, track past preferred stock IPOs below par, and stay updated on the current marketplace offerings.
CDX3Investor.com
New offering summaries:
New York Mortgage Trust ( NYMT ) priced an offering of $60 million worth of new exchange traded senior notes due 2019, offering a fixed coupon of 9.125%. The new notes, which may be redeemed by the company at par starting July 1, 2026, received a credit rating of BBB from Egan-Jones Ratings Company. The new notes trade on the Nasdaq under symbol NYMTI where they were changing hands slightly above par value as of this writing....
New Preferred Stock And Exchange Traded Debt IPOs, July 2024