SRJN: Spire Inc 6.375 Junior Subordinated Notes due 2086 6.375% Baby Bond
Spire Inc 6.375 Junior Subordinated Notes due 2086's SRJN is an exchange-traded baby bond in the Natural Gas Distribution sector.
At a recent price of $23.26, SRJN yields 6.85% on its $25 liquidation preference and 6.375% coupon.
It trades at a discount of 7.0% to par.
The issue is callable on or after 2031-03-01.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.