Slow But Steady
Recycles dryer sheets
I'm trying to figure out OSBCP.
Quantum Online says it was 2.75 million shares at $10. Coupon is $0.195 per quarter, implying a quarterly interest payment of $536,250. OSBC's quarterly report says they paid $1,084,000 interest on junior subordinated debentures.
I don't see any other junior subordinated issues on Quantum.
Someone please enlighten me.
Quantum Online says it was 2.75 million shares at $10. Coupon is $0.195 per quarter, implying a quarterly interest payment of $536,250. OSBC's quarterly report says they paid $1,084,000 interest on junior subordinated debentures.
I don't see any other junior subordinated issues on Quantum.
Someone please enlighten me.