Loading Events

« All Events

  • This event has passed.

CLT – The ‘Preferred’ Asset Class

Nov 7, 2017 12:00 am

While preferred securities have been around since the 16th century in Europe and the 1850’s in the United States, they often remain overlooked as an asset class. Often grouped into one category, preferreds come in several different varieties, generally depending on how they are listed on a company’s balance sheet; the variety has significant impact on whether a coupon payment is classified as an interest payment (and therefore an obligation), or as a discretionary dividend. Furthermore, preferred securities can differ by their face value , usually either $25 par or $1000 par, by how they are traded over the counter or exchange traded, and by their coupon structure: fixed-for-life, floating rate, or fixed-to-floating rate.

SPEAKER

Craig Sullivan

Details

Date:
Nov 7, 2017
Time:
12:00 am
Event Category:

Venue

Morton’s the Steakhouse
227 W Trade St #150
Charlotte, NC 28202 United States