E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/25/2012 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Invesco Van Kampen Senior Income Trust to call auction-rate preferreds

New York, Oct. 25 - Invesco Advisers, Inc. said that the Invesco Van Kampen Senior Income Trust plans to redeem all of its $125 million of outstanding auction-rate cumulative preferred shares.

The preferreds will be redeemed at their liquidation preference plus accrued dividends.

The redemption is expected during November and will be funded with cash and proceeds from the issuance of variable-rate term preferred shares.

Invesco is an Atlanta-based investment advisor.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.