AHL - The Best Preferred Stock
This article is about Aspen Insurance Holdings Limited (AHL) fixed to floating preferred stock AHL-C (AHL.PC). It was first published to my marketplace service on the 11th of May 2018.
AHL-C is currently selling at 25.40. This of course means nothing, but the stock is a preferred stock from an investment grade company. It is also a fixed to floating one that is callable in 2023 and becomes floating rate if not called. The LIBOR spread it will eventually have is 4.06%.
A look at the bonds of the company shows its 2023