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Security Details
- Coupon Rate
- 8.00%
- Liquidation Preference
- $25.00
- Call Price
- $25.00
- Call / Redemption Date
- 1/31/2028
- Maturity Date
- 1/31/2031
- Distribution Period
- Q
- Rate Type
- Fixed
- Annual Distribution
- 2
- Distribution Dates
- 3/30, 6/30, 9/30 & 12/30
- Credit Ratings
- Moody's NR · S&P NR (1/16/2026)
- Tax-Advantaged Dividends
- No
Security Profile
- CUSIP
- 62188E202
- IPO
- 1/16/2026 · $25/share
- Parent Company
- Mount Logan Capital Inc. (MLCI)
Business: Mount Logan Capital Inc. 8.00% Senior Notes due 2031, redeemable at the issuer's option on or after 01/01/2028 at $25 per note plus accrued and unpaid interest, and maturing 01/31/2031. <p> Interest distributions of 8.00% per annum ($2.00 per annum or $0.50 per quarter) will be paid quarterly on 3/30, 6/30, 9/30 & 12/30 to holders of record on the record date that will be 3/15, 6/15, 9/15 & 12/15 (NOTE: the ex-dividend date is the record date).
<p> Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. <p >This security is possibly subject to an early call as a result of the occurrence of a change of control. (see the prospectus for further information).<p> This security was not rated by Moody’s or S&P at the time of its IPO. This security was rated as BBB- by Egan Jones Ratings Co. at the date of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
Notes: The 8.00% Senior Notes were issued on 01/16/2026 and are expected to begin trading on the Nasdaq Global Market within 30 days of their issue date. The shares may start interim trading on the Other OTC market but we are not aware that they have done so to date.
Company Contact
- CEO
- Ted Goldthorpe
- CFO
- Nikita Klassen
- Headquarters
- 650 Madison Ave, 3rd Floor New York, NY 10022
- Phone
- 212-891-2800
- Investor Relations
- Andrew Berger, SM Berger & Company · andrew@smberger.com