BPYPO Brookfield Property Partners L.P. - 6.375% Class A Cumulative Preferred Units, Series 2

Distributions on the Series 2 Preferred Units are cumulative from the date of original issue and will be payable quarterly in arrears on the last day of March, June, September and December when, as and if declared by Brookfield Property Partners Limited, our general partner. The pro-rated initial distribution on the Series 2 Preferred Units offered hereby, if declared, will be payable on December 31, 2019 in an amount equal to approximately $0.57995 per Series 2 Preferred Unit. Distributions on the Series 2 Preferred Units will be payable out of amounts legally available therefor at a rate equal to 6.375% per annum of the $25.00 liquidation preference. At any time on or after September 30, 2024, we may redeem the Series 2 Preferred Units, in whole or in part, at a redemption price of $25.00 per Series 2 Preferred Unit, plus an amount equal to all accumulated and unpaid distributions thereon to, but excluding, the date of redemption, whether or not declared.  This security was issued by an entity whose common stock is not publicly traded on a stock exchange.

$19.42  -0.29 (-1.47%)
As of 07/01/2022 15:28:20 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Real Estate Services
Index country:  Canada
Country of incorporation:  Bermuda
IPO date:  08/21/2019
Outstanding shares:  10,000,000
Average volume:  18,769
Market cap:   $194,400,000
Current dividend yield:  8.20%    calculation
Coupon rate:    6.375%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   09/30/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:   SEC Edgar Online
Annual filings:      20-F
Sedol:      BK1KVK5

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy