Two USD Prefs called
Posted: April 15th, 2020, 3:13 pm
The ING Groep N.V. 6.125% Pref (ISG) has been called today (15/4/20). The final dividend was also paid today.
Further bad news is that Deutsche Bank Contingent Capital Trust II, 6.55% Trust Preferred Securities (DXB) is being called on 23/05/2020 which is also the date of the final dividend.
That's two nice little earners gone or going and I'm not sure if there are now any European bank Prefs listed in the US. Still, it was good while it lasted.......
Neddy
Further bad news is that Deutsche Bank Contingent Capital Trust II, 6.55% Trust Preferred Securities (DXB) is being called on 23/05/2020 which is also the date of the final dividend.
That's two nice little earners gone or going and I'm not sure if there are now any European bank Prefs listed in the US. Still, it was good while it lasted.......
Neddy