09-Aug-19 Cumulative Preferred Shares
Confirmed Pfd-2 (high) Stb CA
The Series A Cumulative Preferred Shares are perpetual, non-callable for five years, and have a liquidation preference of USD 25.00 per share.
The Series A Cumulative Preferred Shares have received a long-term rating of "AAA" from Fitch Ratings.
Issued on 11 September 2018 at USD25.00 per share, the 4,360,000 Series A Cumulative Preferred Shares
pay distributions quarterly and this distribution represents the accrual period from 1 April 2019 to 30 June 2019.
6 May 2013 -- The board of trustees of the Gamco Global Gold, Natural Resources & Income Trust by Gabelli (NYSE: GGN) has announced an underwritten offering of four million 5.00% series B Cumulative Preferred Shares at a public offering price of USD100m.
The fund expects to use the proceeds from the offering to redeem the remaining outstanding shares of the Fund's 6.625% series A Cumulative Preferred Shares. Amounts in excess of the redemption amount of the series A Preferred Shares are expected to be used for investment purposes consistent with the Fund's investment objectives.
13 March 2103 -- The board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust by Gabelli (NYSE: GGN) has authorized the partial redemption of 2,000,000 of its outstanding 6.625% series A Cumulative Preferred Shares
The trust said it plans to redeem all of its outstanding auction rate cumulative preferred shares
at their respective liquidation preferences, together with accrued and unpaid dividends, if any, to the redemption date.
The Trust plans to redeem all of its outstanding auction rate cumulative preferred shares
(ARPS) at their respective liquidation preferences (sometimes referred to as "at par), together with accrued and unpaid dividends, if any, to the redemption date.
BANKING AND CREDIT NEWS-October 26, 2012--Invesco Van Kampen Senior Income Trust Announces Anticipated Placement of Private offering of Variable Rate Term Preferred Shares and Redemptions of Auction Rate Cumulative Preferred Shares
at Par(C)2012 M2 COMMUNICATIONS http://www.m2.com
The proceeds to Aimco will be funnelled into the redemption of all of its class U cumulative preferred shares
outstanding, for which it will use also existing cash resources.