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

Revenues Increased 21% and Gross Profit Increased 56% Generated Fourth Quarter Adjusted EBITDA of $1.1 Million ADT Acquisition ...

Signet delivered more than $400 million of free cash flow, our 5th year in a row of strong cash conversion to adjusted operating income. This ...

The conversion price of the New Notes will initially be $18.21 per share of Dynavax's common stock, which represents a conversion premium of 30% over the closing price of Dynavax's common stock on ...

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 ...

The private-equity and investment company said Tuesday that it has begun an offering of 30 million shares of its series D mandatory convertible preferred stock to raise an initial $1.5 billion.

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 ...

The new strike preferred shares are also convertible to common stock, at the election of the holder, and under specified circumstances at the election of the company as well. Holders will have the ...