Brief: Premium Income Corporation Announces Overnight Offering

Premium Income

03/06/2019 20:49

June 3 (Reuters) - Premium Income Corp  PICa.TO :
    * PREMIUM INCOME CORPORATION ANNOUNCES OVERNIGHT OFFERING
    * PREMIUM INCOME CORP - UNDERTAKING AN OVERNIGHT TREASURY
OFFERING
OF PREFERRED SHARES AND CLASS A SHARES.
    * PREMIUM INCOME CORP - PREFERRED SHARES WILL BE OFFERED AT
A
PRICE OF $14.75 PER PREFERRED SHARE TO YIELD 5.94%
    * PREMIUM INCOME CORP - CLASS A SHARES WILL BE OFFERED AT AN
INDICATIVE PRICE OF $6.45 PER CLASS A SHARE TO YIELD 12.6%

Source text for Eikon:  ID:nCNWCjYXWa 
Further company coverage:  PICa.TO 

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