Posted on 7/24/20
Chicken Soup For The Soul Entertainment: A New 9.50% Baby Bond IPO
SummaryChicken Soup For The Soul Entertainment's baby bond, CSSEN, is trading at a Yield-to-Worst of 10.53%.The company is reporting a loss for the past 2 years.I . . .
Posted on 6/30/20
Triumph Bancorp: A New 7.125% Preferred Stock IPO From This Small Texas Bank
SummaryTriumph Bancorp, Inc.'s new preferred stock, TBKCP, is trading 4% below its par value.Triumph Bancorp is a small Texas-based bank with a market cap of $565M.TBKCP . . .
Posted on 6/30/20
Office Properties Income Trust: A New Baby Bond IPO From This REIT
SummaryOffice Properties Income Trust's new baby bond, OPINL, has almost the same YTW as the previously issued OPINI.The company's Debt-to-Market cap ratio is at 1.73.There are . . .
Posted on 6/29/20
WESCO International: A New Preferred Stock IPO Born From The Merger With Anixter International
SummaryWESCO International's new preferred stock, WCC-A, is priced at the rate of 10.625%.WCC-A is trading 4% above its par value at a Yield-to-Worst of 9.55%.When compared . . .
Posted on 6/17/20
United Community Banks, Inc.: Another Bank Preferred Stock IPO
SummaryUnited Community Banks' new preferred stock, UCBIO, is trading 2.6% below its par value.United Community Banks is very low leveraged.UCBIO has the highest current yield in . . .
Posted on 6/17/20
Atlantic Union Bankshares Corporation: A 6.875% Preferred Stock IPO From This Bank
SummaryAtlantic Union Bankshares Corp.'s new preferred stock, AUBAP, is trading at a Current Yield of 7.05%.The company's equity is enough to cover its liabilities.I compare AUBAP . . .
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