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Priority Income intends to price series L cumulative preferreds
By Wendy Van Sickle
Columbus, Ohio, Dec. 21 – Priority Income Fund, Inc. plans to price series L cumulative preferred stock, according to an N-2 filing with the Securities and Exchange Commission.
The $25-par preferreds will be callable.
Proceeds will be used to acquire investments and for general working capital purposes.
The company has applied to list the series L preferreds on the New York Stock Exchange under the symbol “PRIFPrL.”
The externally managed non-diversified closed-end management investment company is based in New York.
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