Sound Point Meridian Capital Inc. Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering

Reuters

Jul 09, 2025

<a href="https://laohu8.com/S/SPMC">Sound Point Meridian Capital Inc</a>. Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering

Sound Point Meridian Capital Inc. (NYSE: SPMC) has received a 'BBB' credit rating from Egan-Jones Ratings Company for its 7.875% Series B Preferred Shares due 2030. The rating is part of the company's recent underwritten public offering of 2 million shares priced at $25 each, with expected net proceeds of approximately $48.2 million. The offering is anticipated to close on July 15, 2025, and the shares will be listed on the NYSE under the symbol "SPME."

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sound Point Meridian Capital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250708531714) on July 08, 2025, and is solely responsible for the information contained therein.

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Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SPMC\">Sound Point Meridian Capital Inc</a>. Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/SPMA\">Sound Point Meridian Capital</a> Inc. (NYSE: SPMC) has received a 'BBB' credit rating from Egan-Jones Ratings Company for its 7.875% Series B Preferred Shares due 2030. The rating is part of the company's recent underwritten public offering of 2 million shares priced at $25 each, with expected net proceeds of approximately $48.2 million. The offering is anticipated to close on July 15, 2025, and the shares will be listed on the NYSE under the symbol \"SPME.\"\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/SPMCP\">Sound Point Meridian</a> Capital Inc. published the original content used to generate this news brief via Business Wire (Ref. 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Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-09 07:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SPMC\">Sound Point Meridian Capital Inc</a>. Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/SPMA\">Sound Point Meridian Capital</a> Inc. (NYSE: SPMC) has received a 'BBB' credit rating from Egan-Jones Ratings Company for its 7.875% Series B Preferred Shares due 2030. The rating is part of the company's recent underwritten public offering of 2 million shares priced at $25 each, with expected net proceeds of approximately $48.2 million. The offering is anticipated to close on July 15, 2025, and the shares will be listed on the NYSE under the symbol \"SPME.\"\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/SPMCP\">Sound Point Meridian</a> Capital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250708531714) on July 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPMC","symbol_name":"Sound Point Meridian Capital Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250708:nNDL5zjfx6:1","article_id":"2550757926","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550757926","pubTimestamp":1752017419,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sound Point Meridian Capital Inc. Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering. Sound Point Meridian Capital Inc.  has received a 'BBB' credit rating from Egan-Jones Ratings Company for its 7.875% Series B Preferred Shares due 2030. The rating is part of the company's recent underwritten public offering of 2 million shares priced at $25 each, with expected net proceeds of approximately $48.2 million. The offering is anticipated to close on July 15, 2025, and the shares will be listed on the NYSE under the symbol \"SPME.\". Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sound Point Meridian Capital Inc. published the original content used to generate this news brief via Business Wire  on ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"SPMC":"Sound Point Meridian Capital Inc"},"translate_title":"Sound Point Meridian Capital Inc.因新优先股发行获得Egan-Jones Ratings Company的“BBB”信用评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPMC":0.9},"content_text":"Sound Point Meridian Capital Inc. Receives 'BBB' Credit Rating from Egan-Jones Ratings Company for New Preferred Shares Offering\n    \n\nSound Point Meridian Capital Inc. (NYSE: SPMC) has received a 'BBB' credit rating from Egan-Jones Ratings Company for its 7.875% Series B Preferred Shares due 2030. The rating is part of the company's recent underwritten public offering of 2 million shares priced at $25 each, with expected net proceeds of approximately $48.2 million. 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