Medallion Financial Corp. 9% Notes Due 2021
By: Tim McPartland,
Date Issued 4/10/2016
Shares Issued 1,200,000 Overallotment Shares 180,000
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol TAXIL
Market Traded ON NASDAQ
Interest Payment Paid on the 15th of January, April, July and October beginning on 7/15/2016
Quarterly Interest .5625 Annual Interest 2.25
Securities may be redeemed, at the issuers option, as early as 04/15/2020 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be a Qualified Distributions
Maturity Date 4/15/2021
Company Investor Relations Page for Medallion Financial Corp
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Below you can find the offering prospectus
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Tim McPartland
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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.
