ALIN-A Altera Infrastructure L.P. 7.25% Series A Preferred Units

In April 2013, the Partnership issued 6.0 million 7.25% Series A Preferred Units in a public offering with an aggregate redemption amount of $150.0 million, for net proceeds of $144.8 million. Pursuant to the partnership agreement, distributions on the Series A Preferred Units to preferred unitholders are cumulative from the date of original issue and are payable quarterly in arrears, when, as and if declared by the board of directors of the general partner. At any time on or after April 30, 2018, the Series A Preferred Units may be redeemed by the Partnership at a redemption price of $25.00 per unit plus an amount equal to all accumulated and unpaid distributions to the date of redemption. This security was issued by an entity whose common stock is not publicly traded on a stock exchange.

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As of 06/30/2022 16:00:02 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Energy
Industry:  
Index country:  Bermuda
Country of incorporation:  Marshall Islands
IPO date:  05/02/2013
Outstanding shares:  6,000,000
Average volume:  11,358
Market cap:   $20,460,000
Current dividend yield:  53.15%    calculation
Coupon rate:    7.250%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   04/30/2018
Maturity date:    n/a - perpetual
All SEC filings:   SEC Edgar Online
Annual filings:      20-F
Sedol:      BLG58Q7

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