FLC is a closed-end fund with a focus on preferred stocks and hybrid securities, primarily in the banking and insurance ...

Net loss from continuing operations was $2.5 million (or $0.77 loss per basic and diluted share ... 9,024,035 shares of Enservco common stock and 3,476,965 shares of 2.0% Cumulative Mandatorily ...

The euphoria over Chinese stocks has hammered much of the country’s debt market, with a notable exception: convertible bonds. The CSI Convertible Bond Index, a gauge measuring the performance of ...

In November 2024, the Company entered into an agreement with its senior secured lenders for the issuance to such lenders of $28 million in stated value of Series B Convertible Preferred Stock (the ...

With a $21 billion preferred stock issuance, Strategy takes a calculated step toward expanding its Bitcoin portfolio amid fluctuating regulatory and economic conditions. Strategy taps alternative ...

The underwriters have a 30-day option to purchase up to an additional $337.50 million (6,750,000 shares) of mandatory convertible preferred stock, solely to cover over-allotments, if any.

In trading on Tuesday, shares of Ares Management Corp's 6.75% Series B Mandatory Convertible Preferred Stock (Symbol: ARES.PRB) were yielding above the 6.5% mark based on its quarterly dividend ...

KKR expects to grant the underwriters a 30-day option to purchase up to an additional $225 million (4,500,000 shares) of mandatory convertible preferred stock, solely to cover over-allotments ...

KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has commenced an offering of $1.5 billion (30,000,000 shares) of its Series D Mandatory Convertible Preferred Stock, par value $0.01 ...

KKR has a market capitalization of $118.1 billion, per LSEG data. A convertible preferred stock offering allows investors to buy preferred shares, which often fetch higher dividends than common ...