Great Ajax 7.25% Convertible Senior Notes due 2024

By: ,

Date Issued 4/18/2017

Shares Issued   3,050,000     Overallotment Shares   450,000

S&P Rating NR       Moodys Rating  NR

Advertisement.

Security Ticker Symbol  AJXA

Market Traded on   NYSE

Interest Payment Paid on the 15th of January, April, July and October beginning on 7/15/2017

Quarterly Interest . 453   Annual Interest 1.813

Securities may be redeemed, at the issuers option, as early as 04/30/2022 for a redemption price of $25/share plus accrued interest.

Interest Payment Will NOT be Qualified Distributions (interest payments are not qualified payments)

Shares are convertible into common shares of Great Ajax–terms are outlined in the prospectus.

Maturity Date 4/30/2024

Click Here to View the Prospectus

Advertisement.

Company Investor Relations Page for Great Ajax Corporation

Related Posts:

Tim McPartland

Connect with Tim McPartland

Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
X
Search Dividend Investor