CODI-B Compass Diversified 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred

Holders of Series B Preferred Shares will be entitled to receive cumulative cash distributions (i) from and including the original issue date to, but excluding April 30, 2028, at a rate equal to 7.875% per annum and (ii) from and including April 30, 2028, at a floating rate equal to three-month LIBOR (as defined herein) plus a spread of 4.985% per annum. Distributions will be payable quarterly in arrears on January 30, April 30, July 30 and October 30 of each year, when and as declared by the board of directors of Compass Group Diversified Holdings LLC, which we refer to as the company, beginning on July 30, 2018, except in each case where such day is not a business day. Distributions will accumulate and be cumulative from, and including, the date of original issuance of the Series B Preferred Shares. At any time or from time to time on or after April 30, 2028, we may, at our option, redeem the Series B Preferred Shares, in whole or in part, at a price of $25.00 per Series B Preferred Share plus any accumulated and unpaid distributions thereon (whether or not authorized or declared) to, but excluding, the redemption date  This security was issued by Compass Diversified Holdings , whose common stock symbol is CODI.

$26.49  -0.05 (-0.19%)
As of 10/20/2021 16:00:02 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Industrials
Industry:  Conglomerates
Index country:  USA
Country of incorporation:  USA
IPO date:  03/06/2018
Outstanding shares:  4,000,000
Average volume:  8,175
Market cap:   $106,160,000
Current dividend yield:  7.42%    calculation
Initial coupon rate:    7.875%
Spread to LIBOR: 0.049850
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   04/30/2028
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    20451Q302
ISIN:        US20451Q3020
Sedol:      BYWSZQ0

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