Preferred Redeemable Increased Dividend Equity Security

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Preferred Redeemable Increased Dividend Equity Security

A forward contract to buy a certain security and an interest-bearing deposit at a certain time for a certain price. PRIDES operate much like mandatory convertible bonds, but have different structures. PRIDES allow an investor to receive the interest on the deposit at regular intervals and also take advantage of the underlying security when the forward contract matures. Whoever holds the PRIDES at maturity must purchase the underlying security. They were introduced by Merrill Lynch.

References in periodicals archive ?

The Pride movement is growing across the UK and we had more than 20 brand new Prides this year.

Pride Cymru bids to host UK's event

Leaders and organizers of Black Prides are quick to point out that the celebrations are not meant to divide or further ghettoize the LGBT community.

Black Pride matters: with so much attention being focused on black bodies, Black Pride celebrations are more important than ever

Birmingham Pride has been twinned with Baltic Pride, which is set to be held in Estonia this month.

Organisers set to be the Pride of Latvia

In May 2006, the company remarketed the senior notes originally associated with the Income PRIDES under the terms of the agreement.

AmerUs Group Announces Final Income PRIDES Terms

He says cultural difference is the most notable thing that sets them apart from other Prides, as there are workshops and discussions that pertain only to black life and issues.

Black and proud; Black Prides remind us of our community's diversity

Dance diva Ultra Nate has played so many pride events globally that she's "lost count

In the spotlight for pride: Performers at gay pride celebrations around the country talk about why these festivals are important to them

I feel like pride probably started off 30 years ago similar to the dyke march," says Cat Julia, a 26-year-old organizer of the Chicago event.

Pride by many other names: whether it's a dyke march, black gay pride, or a youth rally, gay men and lesbians are finding new ways to celebrate their diversity. (Pride 2002)

We're excited to complete this acquisition and move forward with the Pegasus team," said Kevin Richardson, a managing partner at Prides Capital.

Prides Capital Partners, LLC Completes Acquisition of Pegasus Solutions, Inc

Prides Capital has also increased its ownership in QC to approximately 12% through the recent acquisition of an additional 500,000 shares of QC common stock.

QC Holdings, Inc. Announces Election of New Board Member

The Joyful Child Foundation announced today the first annual Samantha's PRIDE Awards luncheon, featuring honored guest California First Lady Maria Shriver.

California First Lady Maria Shriver Honors Outstanding Citizens at the First Annual Samantha's PRIDE Awards Luncheon; Hosted by Erin Runnion and The Joyful Child Foundation, Awards Celebrate Honorees Who Help Prevent Crimes Against Children

With exciting trends driving demand in pain management and cutting-edge sports medicine, Prides is very pleased to maintain a strong level of support and involvement in such a promising company," Richardson continued.

SanuWave Inc. Names Chris Cashman Chief Executive Officer; Industry Veteran Further Enhances Management Team

Davis noted that Prides Capital and the other members of the investment group -- many of whom are existing Pegasus stockholders -- are committed to long-term investing.

Pegasus Solutions, Inc. to Be Acquired by an Equity Group Led by Prides Capital Partners, LLC for Approximately $275 Million