Preferred Capital Securities

Series M1 Redeemable Preferred Stock Offering Overview

 

Preferred Income Strategy


Offering Summary

The Offering

Series M1 Redeemable Preferred Stock offered by Preferred Apartment Communities Inc.

The offering Price

$1,000 Per Share with a minimum investment of $5,000 (then $1,000) increments

Offering Size

$1 Billion

Dealer-Manager

Preferred Capital Securities, LLC


Series M1 Redeemable Preferred Stock

Dividend Rate

Initial dividend rate of 6.1% increasing annually from the date of issuance by .10% to a potential rate of 7.1%. This dividend is intended to be paid monthly. There are no assurances the dividend objective will be met.

Stated Value

$1,000 per share

LIQUIDITY

Client has the right to redeem their preferred shares with up to a 90 day dividend claw black

Risk Mitigation

The Preferred Stock ranks senior to the Common Stock with respect to payment of dividends and upon liquidation.

One Year Claw Back

Redemption Price:

During year one, 100% of the stated value. Client is subject to a claw back of dividends received or accrued up to 90 days. Redemption Claw Back Feature terminates after a one-year hold.


 

Preferred Income Strategy


Offering Summary

The Offering

Series M1 Redeemable Preferred Stock offered by Preferred Apartment Communities Inc.

The offering Price

$1,000 Per Share with a minimum investment of $5,000 (then $1,000) increments

Offering Size

$1 Billion

Dealer-Manager

Preferred Capital Securities, LLC


Series M1 Redeemable Preferred Stock

Dividend Rate

Initial dividend rate of 6.1% increasing annually from the date of issuance by .10% to a potential rate of 7.1%. This dividend is intended to be paid monthly. There are no assurances the dividend objective will be met.

Stated Value

$1,000 per share

LIQUIDITY

Client has the right to redeem their preferred shares with up to a 90 day dividend claw black

Risk Mitigation

The Preferred Stock ranks senior to the Common Stock with respect to payment of dividends and upon liquidation.

One Year Claw Back

Redemption Price:

During year one, 100% of the stated value. Client is subject to a claw back of dividends received or accrued up to 90 days. Redemption Claw Back Feature terminates after a one-year hold.