0% plus accrued interest from April 17, 2015 and will mature on April 15, 2022
The notes are anticipated to be issued on April 11, 2014 and will mature on April 15, 2022
, unless earlier redeemed or repurchased.
The junior debentures may be redeemed, in whole or in part, at any time after April 15, 2022
upon payment of the principal amount plus any accrued and unpaid interest to but not including the redemption date.
The notes will mature on April 15, 2022
, unless earlier converted or purchased.
Note holders may require RAIT to repurchase all or a portion of the notes at a purchase price equal to the principal amount plus accrued and unpaid interest (including additional interest), if any, on the notes on April 15, 2012, April 15, 2017, and April 15, 2022
, or upon the occurrence of certain change in control transactions prior to April 20, 2012.
Holders of the notes may require the Company to purchase all or a portion of the notes, in cash, on April 15, 2012, April 15, 2017 and April 15, 2022
or upon the occurrence of certain fundamental changes.
6,596,313 is entitled "Nutritional Supplement and Method of Using It" and extends through April 15, 2022
The company's issue of $150 million subordinated notes due April 15, 2022
, is rated 'BB+'.