Priority Income Fund Announces Redemption of its 6.250% Series G Term Preferred Stock Due 2026
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Priority Income Fund announced the redemption of its 6.250% Series G Term Preferred Stock due 2026, with a redemption date set for December 23, 2024. The shares will be redeemed at $25 each, plus accrued dividends.
November 22, 2024 | 10:30 pm
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NEUTRAL IMPACT
Priority Income Fund will redeem its 6.250% Series G Term Preferred Stock on December 23, 2024, at $25 per share plus accrued dividends.
The redemption of the Series G Preferred Stock is a planned financial action by Priority Income Fund. It is neutral for the stock price as it is a fulfillment of a financial obligation rather than a new development.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100