Power Switch: Most popular New Yield Estimated Above 10% (NYSE:ET.PC)

Industrial pipelines and valves on sunset sky background, banner.

Power Switch owns industrial pipelines and different amenities, principally within the Gulf area.

muhammet sager

The long-awaited conversion of greater than a dozen most popular inventory points from mounted to floating funds is accelerating, simply as rising short-term rates of interest have made

Information by YCharts

Ticker Unique Coupon Est. fwd. distribution Current Value Est. Yield Conversion/name date Notes
ET.PC 7.38% 2.46 23.875 0.103 5/15/2023 Mounted to floating LIBOR+4.53%
ET.PD 7.62% 2.37 23.61 0.1004 8/15/2023 Mounted to floating LIBOR+4.738%
ET.PE 7.60% 1.9 23.08 0.0823 5/15/2024 Mounted to floating LIBOR+5.161%