FS KKR Capital Corp. Closes $150 Million Convertible Preferred Stock Issuance in Connection with Strategic Value Enhancement Actions

FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced it has closed its previously announced $150 million issuance of cumulative convertible perpetual preferred stock (the "Convertible ...

Alphabet convertible preferred offers 6% yield and upside with common stock

The company offered more than $19 billion of the mandatory convertible preferred last week in two equal parts at $50 a share.

FS KKR closes $150M preferred stock offering as part of strategic value enhancement actions

FS KKR Capital (FSK) has closed the issuance of $150M cumulative convertible perpetual preferred stock to KKR Alternative Assets, a KKR (KKR) unit.

Jaguar Health Announces Conversion of Series O Convertible Preferred Stock Issued as Recent One-time Stock Dividend

Company remains sharply focused on its ongoing global development program for crofelemer for rare intestinal failure diseases Reminder: Two crofelemer presentations in pediatric intestinal failure ...
Seeking Alpha

Virtus Convertible & Income Fund's Preferred Stock: Yield Over 6.5% With An "A" Credit Rating

The 1940 Act requires the fund to maintain sufficient assets to cover debt plus preferred shares by at least 200%. In addition, the issuance of preferred stocks is only possible if they receive an AAA ...
Nasdaq

KKR Upsizes and Prices Offering of Mandatory Convertible Preferred Stock

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced its previously announced offering of $2.25 billion (45,000,000 shares) of its 6.25% Series D Mandatory ...

Understanding Conversion Premium in Convertible Securities

Learn what a conversion premium is, how it works in convertible securities, and its impact on investment strategies and ...