Ru Back Packer

Quotes delayed 20 minutes

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Sunday, January 28, 9:14 AM

Slide #236. Resource Capital Corp. Preferred Stock Offering

Company: Resource Capital Corp. (NYSE:RSO)
Date announced: 6/3/2014
Price Per Share: $25
Preferred Stock Offering Details: Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that it priced an underwritten public offering of $110 million of a newly-designated series of preferred stock, 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock with a liquidation preference of $25 per share ("Series C Preferred Stock"). The Company has granted the underwriters a 30-day option to purchase up to an additional $16.5 million of its Series C Preferred Stock solely to cover over-allotments, if any. The offering is expected to close on June 10, 2014.

Resource Capital is a real estate investment trust. Co. originates, holds and manages commercial mortgage loans and other commercial real estate-related debt investments. Co. invests in the following asset classes: commercial real estate-related assets such as first mortgage loans, first priority interests in first mortgage loans, and subordinated interests in first mortgage loans; residential real estate-related assets such as residential mortgage loans and residential mortgage-backed securities; and commercial finance assets such as asset-backed securities, structured note investments, syndicated corporate loans, and preferred equity investment in a commercial leasing enterprise.


Open the RSO Page at Ru Back Packer »

Name: Resource Capital Corp
Sector: REITs
Number of ETFs Holding RSO: 19 (see which ones)
Total Market Value Held by ETFs: $24,395,605
Total Market Capitalization: $302,000,000
% of Market Cap. Held by ETFs: 8.08%

Open the RSO Page at Ru Back Packer (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 236 of 414 | | Copyright © 2011 - 2018, All Rights Reserved