{"id":11665,"date":"2010-07-30T00:32:32","date_gmt":"2010-07-30T04:32:32","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=11665"},"modified":"2010-07-30T00:32:32","modified_gmt":"2010-07-30T04:32:32","slug":"ffn-pr-a-releases-semi-annual-report","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=11665","title":{"rendered":"FFN.PR.A Releases Semi-Annual Report"},"content":{"rendered":"<p>Financial 15 Split Corp. II has released its <a href=\"http:\/\/www.financial15.com\/pdf\/FFN\/FFN%20semi%202010.pdf\">semi-annual statements to May 31, 2010<\/a>.<\/p>\n<p>Dividend receipts declined to about $1.3-million in 1H10 from about $2.1-million in 1H09, while expenses rose to $461,000 from $390,000 due to higher valuations and a small expense for Service Fees. Accordingly, Income Coverage for the Preferred Shares dropped to 0.6-:1 in 1H10 from 1.0+:1 in 1H09.<\/p>\n<p>FFN.PR.A was last mentioned on PrefBlog when the <a href=\"http:\/\/www.prefblog.com\/?p=11295\">Capital Unit Distribution was suspended in June<\/a> (hah! No Service Fees to pay this quarter!). FFN.PR.A is tracked by HIMIPref&trade;, but is relegated to the Scraps index on credit concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial 15 Split Corp. II has released its semi-annual statements to May 31, 2010. Dividend receipts declined to about $1.3-million in 1H10 from about $2.1-million in 1H09, while expenses rose to $461,000 from $390,000 due &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-11665","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/11665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11665"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/11665\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}