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Douglas Pref Equity Cost in context of Refi

Non Guarantor Sub
(@non-guarantor-sub)
New Member

Does anyone know the rate/ div yield on the pref equity used to fund Douglas' Refi? Interested to know what the cost is and how it could add to the interest bill.

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Topic starter Posted : 04/05/2021 3:01 pm
thegr8destructo
(@thegr8destructo)
Member Admin

Spoke with IR. The rate on the prefs is 2% (!) which is pretty low. Would have thought it higher tbh. 🙄 

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Posted : 01/06/2021 8:00 am
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