SPME: New Term Preferred Shares From A Leveraged CEF
Source: SeekingAlpha
2025-08-15 23:59:36 ET
Thesis
While some CLO equity CEFs are deleveraging (see the actions on the Priority Income Fund ( PRIF )), others are increasing their gearing ratio. Sound Point Meridian Capital Inc ( SPMC ) is such a fund. We have covered the Series A term preferred shares from the CEF in the past, and we will start covering the new offering from the CEF in this article. ...
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SPME: New Term Preferred Shares From A Leveraged CEF
Sound Point Meridian Capital Inc. 7.875% Series B Preferred Shares due 2030
NASDAQ: SPME
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SPME Latest News
February 11, 2026 07:00:00 am
Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2027 Common Distributions and Preferred Distributions and Results for the Third Fiscal Quarter Ended December 31, 2025
November 13, 2025 07:00:00 am
Sound Point Meridian Capital, Inc. Announces Results for the Second Fiscal Quarter Ended September 30, 2025
November 05, 2025 08:08:00 pm
Sound Point Meridian Capital, Inc. Announces Fourth Fiscal Quarter 2026 Common and Preferred Distributions
August 12, 2025 07:00:00 am
Sound Point Meridian Capital, Inc. Announces Results for the First Fiscal Quarter Ended June 30, 2025
