Sound Point Meridian Capital Announces Offering of Series B Preferred Shares

• click to rate

  Posted by Two Blokes Jul 7 - Filed in Stock - 5 views
  
  NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC), an externally managed closed-end fund focused on primarily investing in equity and junior debt tranches of collateralized loan obligations, has commenced an underwritten public offering of its Series B Preferred Shares. Certain financial and other terms of the Series B Preferred Shares are to be determined by negotiations between the Company and the underwriters. The Series B Preferred Shares are rated ‘.