AgriFORCE Growing Systems Ltd | 6.875% Fixed/Float Series A Non-Cumulative Perp Preferred Stock (AGRIP) Information Page

AgriFORCE Growing Systems Ltd | 6.875% Fixed/Float Series A Non-Cumulative Perp Preferred Stock (AGRIP)

This preferred is marked as having been called.

Prospectus excerpt: AgriBank, 6.875% Series A Non-Cumulative Perpetual Preferred Stock, liquidation preference $100 per share, redeemable at the issuer's option on or after 1/1/2024 at $100 per share plus accrued and unpaid dividends, and with no stated maturity. In addition, the Series A preferred stock will be redeemable in whole, at AgriBank’s option, at any time upon the occurrence of certain defined regulatory events.

, Secondary Prospectus PDF », AGRI Page »

AGRIP — Key Stats

Series:	A
Redeemable?:	Yes
Call Date:	1/1/2024 (Now Trading Post Call Date)
Perpetual?:	Yes
Cumulative?:	No
Shares Offered:	2,500,000
Liquidation Preference:	$100.00
Original Coupon:	6.875% until 1/1/2024, then variable rate distributions will be paid at a rate equal to the three-month LIBOR plus 4.225%, reset quarterly
Pay Period:	Quarterly
Pay Dates:	1-Jan, 1-Apr, 1-Jul, 1-Oct
CDx3 Compliance Rating:	Learn AGRIP's Rating

About AgriFORCE Growing Systems Ltd (AGRI)

Agriforce Growing Systems is an agriculture-focused technology company that delivers solutions for high value crops through its proprietary facility design and automation intellectual property to businesses and enterprises globally. Co. operates in the plant based pharmaceutical, nutraceutical, and other high value crop markets using its proprietary facility design and hydroponics based automated growing system that enable cultivators to grow crops in a controlled environment. Co. calls its facility design and automated growing system the "Agriforce grow house". Co. designed its Agriforce grow house to produce in virtually any environmental condition and to optimize crop yields.

Preferred: AGRIP

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AGRI — Key Stats (updated 20 HRs, 35 MINs ago)