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-0.00247524752475233 0.00185643564356443 -0.000918316831683051 0.00148514851485154 -0.00123762376237617 0.00103960396039608 0 -0.00123762376237617
Stock impact report

Oaktree Capital Group, LLC announces pricing of public offering of Series A preferred units [Seeking Alpha]

OAKTREE CAPITAL GROUP (OAK) 
Last oaktree capital group earnings: 7/25 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.oaktreecapital.com
Company Research Source: Seeking Alpha
Oaktree Capital Group, LLC announces pricing of public offering of Series A preferred unitsOaktree Capital Group, LLC (NYSE:OAK) priced $180M offering of 7.2M, 6.625% series A preferred units with a liquidation preference of $25.00 per unit.Additional option to purchase 10.8M series A preferred units granted to the underwriter.The offering is expected to close on May 17, 2018, subject to the satisfaction of customary closing conditions.Net proceeds shall be used for general corporate purposes, including to fund investments.The distributions on the Series A Preferred units will be paid quarterly and are non-cumulative.The company intends to apply to list the Series A Preferred units on the NYSE under the ticker symbol “OAK PR A”.Source: Press ReleaseClick to subscribe to real-time analytics on OAKNow read:Mortgage rates little changed in Freddie Mac weekly survey » Show less Read more
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