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first preferred stock |
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First preferred stock A type of preferred stock that has priority over other preferred issues and common stock when claiming dividends and assets.
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| Our introduction of the first Preferred Stock closed-end exchange traded fund led to more than $4. in2a received its initial common stock/debt financing from Citigroup Investments, ING Barings and a number of high visibility Wall Street players and is in the midst of securing its first preferred stock financing and structuring strategic partnerships. SAN FRANCISCO--(BUSINESS WIRE)--June 30, 1998--Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), announced today that on July 31, 1998, it will redeem all of its 6-7/8% Redeemable First Preferred Stock, Series X, of which $43 million is currently outstanding. |
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