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Published on 3/8/2017 in the Prospect News Preferred Stock Daily.

Preferred Stock Calendar: Spark plans inaugural issue

On The Horizon

NEW YORK COMMUNITY BANCORP INC.:

• Fixed-to-floating rate noncumulative perpetual preferred stock

• Goldman Sachs & Co., Credit Suisse Securities (USA) LLC, BofA Merrill Lynch (bookrunners)

• Westbury, N.Y.-based bank holding company

SPARK ENERGY INC.:

• $35 million of series A fixed-to-floating rate cumulative redeemable preferred stock

• Price talk 8.75% area

• RBC Capital Markets LLC and FBR Capital Markets & Co. (bookrunners)

• Proceeds will be used for general corporate purposes, including funding working capital, capital expenditures, liquidity for operational contingencies, debt repayments and acquisitions.

• Houston-based independent retail energy services company


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