GSL-P-B: Global Ship Lease, Inc. 8.75% Series B Preferred Stock
Global Ship Lease, Inc.'s GSL-P-B is an exchange-traded preferred stock in the Deep Sea Foreign Transportation Of Freight sector.
At a recent price of $27.12, GSL-P-B yields 8.07% on its $25 liquidation preference and 8.75% coupon.
It trades at a premium of 8.5% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2019-01-01.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.