Sachem Capital Corporation Prices New Preferred Issue
Hard money lender Sachem Capital (SACH) has priced the previously announced preferred stock issue. The issue prices at 7.75% and is cumulative, but non qualified (SACH is a REIT). Egan Jones rates this issue BBB It is noted that the underwriting discount is higher than the normal 3.15% at 4%. The OTC grey market ticker Continue reading "Sachem Capital Corporation Prices New Preferred Issue" The post Sachem Capital Corporation Prices New Preferred Issue first appeared on Innovative Income Investor .
Sachem Capital Corporation Prices New Preferred Issue
Hard money lender Sachem Capital (SACH) has priced the previously announced preferred stock issue. The issue prices at 7.75% and is cumulative, but non qualified (SACH is a REIT). Egan Jones rates this issue BBB It is noted that the underwriting discount is higher than the normal 3.15% at 4%. The OTC grey market ticker Continue reading "Sachem Capital Corporation Prices New Preferred Issue" The post Sachem Capital Corporation Prices New Preferred Issue first appeared on Innovative Income Investor .