Terra Income Fund 6, Inc. 7.00% Notes Due 3/31/2026 (TFSA)
NYSE · · CUSIP 88104C202
Last Price•••.••
Current Yield•.••%
Yield to Call•.••%
Yield to Worst•.••%
Free registration unlocks the quote, yield calculations, price chart and full fundamentals for TFSA and every other security on QuantumOnline.
🔒
Price chart and 15 days of daily prices
Candlestick chart with moving averages, Bollinger bands and MACD. Register free to view.

Security Details

Coupon Rate
7.00%
Liquidation Preference
$25.00
Call Price
$25.00
Call / Redemption Date
2/10/2023
Maturity Date
3/31/2026
Distribution Period
Q
Rate Type
Fixed
Annual Distribution
1.75
Distribution Dates
3/30, 6/30, 9/30 & 12/30
Credit Ratings
Moody's NF · S&P NF (11/30/2025)
Tax-Advantaged Dividends
No

Security Profile

Security Type
Exchange-Traded Debt Security »
CUSIP
88104C202
Market Cap
Micro Cap · $35 Million
IPO
2/4/2021 · $25/share
Business: Terra Income Fund 6, Inc. 7.00% Notes Due 2026, issued in $25 denominations, redeemable at the issuer's option on or after 02/10/2023 at $25 per note plus accrued and unpaid interest, and maturing 03/31/2026. <p> Interest distributions of 7.00% per annum ($1.75 per annum or $0.4375 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 one business day prior to the record date). 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> Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. <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.

Company Contact

CEO
Vikram S. Uppal
CFO
Gregory M. Pinkus
Headquarters
550 Fifth Avenue, 6th Floor, New York, NY 10036
Phone
212-753-5100
SEC EDGAR Filings
View filings »