InvestorsHub Logo
Followers 15
Posts 1517
Boards Moderated 0
Alias Born 05/11/2012

Re: toogoodfella post# 88797

Monday, 06/15/2020 12:53:11 PM

Monday, June 15, 2020 12:53:11 PM

Post# of 111009
Question for toogood:

We have to see first when LEHMAN comes back with good financial health.. then, guaranteed that your preferred stock will make the interest distributions every quarter as written in its prospectus.

Not every month but every quarter of the year.



If the interests get paid as stated in the prospectus, will the interest payments be based on the $25.00 face value of the CTs?

If yes, then would this mean the the CTs would be worth $25.00 each on the market at that point?