CHSCN CHS Inc Class B Reset Rate Cumulative Preferred Stock Series 2

Dividends will be cumulative and will be payable quarterly in arrears, if, when and as declared by our Board of Directors, at the rate of 7.100% per annum of the liquidation preference of $25.00 per share (equivalent to $1.775 per share per annum) from and including March 11, 2014 to but excluding March 31, 2024, and thereafter, at an annual rate equal to three-month LIBOR, as determined for the applicable quarterly period, plus a spread of 4.298%, but in no event will the sum of such annual rate and spread be greater than 8% per annum. On and after March 31, 2024, the Class B Series 2 Preferred Stock may be redeemed for cash at the option of CHS, in whole or in part, at a per share redemption price equal to the per share liquidation preference of $25.00, plus accumulated and unpaid dividends, if any, thereon to and including the date of redemption. This security was issued by an entity whose common stock is not publicly traded on a stock exchange.

$28.00  0.00 (0.00%)
As of 10/27/2021 15:24:13 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Consumer Staples
Industry:  Consumer Packaged Goods
Index country:  USA
Country of incorporation:  USA
IPO date:  03/06/2014
Outstanding shares:  16,800,000
Average volume:  14,609
Market cap:   $469,896,000
Current dividend yield:  6.35%    calculation
Initial coupon rate:    7.100%
Spread to LIBOR: 0.042980
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   03/31/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
CUSIP:    12542R506
ISIN:        US12542R5063
Sedol:      BKJ9QV0

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