Preferred Capital Securities

mShares Offering Review


CAPITAL PRESERVATION & INCOME FOR MANAGED MONEY ACCOUNTS

The architects of our Preferred Stock & Warrant Offering have created a new product share class designed specifically for managed money accounts-mShares.


Offering Summary

 

The Offering

A Preferred Stock Offering designed for managed money accounts, potentially providing investors with protection of capital and steady income.

Offering Unit

One Share of Series M Redeemable Preferred Stock.

Offering Price

$1,000 per unit with a minimum investment of $5,000 (then $1,000 increments).

Offering Size

$500 Million

Investment Features

 

INITIAL DIVIDEND RATE

Seeks to provide 5.75% first year annualized dividend, intended to be paid monthly.

Final Dividend Rate

7.5% – Rate increases .25% per year for 7 years after issuance. Dividends are intended to be paid monthly. There can be no assurance the dividend objective will be met.

Stated Value

$1,000 per share.

Liquidity

Investor has the right to redeem the Preferred Stock at stated value, subject to a fee. Redemption fee terminates after a two-year hold.

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