 |
 |
|
Via Renewables Inc | 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (SPKEP)
Prospectus excerpt: Dividends on the Series A Preferred Stock accrue daily and will be cumulative from, and including, the date of original issue and shall be payable quarterly on the 15th day of each April, July, October and January; provided that if any Dividend Payment Date (as defined herein) is not a Business Day (as defined herein), then the dividend which would otherwise have been payable on that Dividend Payment Date may be paid on the next succeeding Business Day, and no interest, additional dividends or other sums will accrue on the amount so payable for the period from and after that Dividend Payment Date to that next succeeding Business Day. The first dividend on the Series A Preferred Stock is scheduled to be paid on July 15, 2017 in the amount of $0.72917 per share to the persons who are the holders of record of the Series A Preferred Stock at the close of business on July 1, 2017. Full Prospectus PDF », SPKE Page »
| Series: | A | | Redeemable?: | Yes | | Call Date: | 4/15/2022 (Now Trading Post Call Date) | | Perpetual?: | Yes | | Cumulative?: | Yes | | Shares Offered: | 1,400,000 | | Overallotment: | 210,000 | | Liquidation Preference: | $25 | | Original Coupon: | 8.75% and then on and after April 15, 2022, dividends on the Series A Preferred Stock shall accrue at an annual rate equal to the sum of Three-Month LIBOR as calculated on each applicable Date of Determination and 6.578%, based on the 5.00 liquidation preference per share of Series A Preferred Stock | | Pay Period: | Quarterly | | Pay Dates: | 15-Jan, 15-Apr, 15-Jul, 15-Oct | | CDx3 Compliance Rating: |
Learn SPKEP's Rating
|
|
|
Spark Energy is a holding company. Through its subsidiaries, Co. is an independent retail energy services company. Co.'s business consists of two segments: Retail Electricity, in which it purchases electricity supply through physical and financial transactions with market counterparties and independent system operators and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts; and Retail Natural Gas, in which it purchases natural gas supply through physical and financial transactions with market counterparties and supplies natural gas to residential and commercial consumers pursuant to fixed-price and variable-price contracts. Preferred: VIASP
Open the SPKE Information Page »
|
|
|
|
|
Free Email Alerts:
