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11.6% Trust Preferred Securities (HLM.PR)

Prospectus excerpt:  This Proxy Statement (which is also a Prospectus) relates to the issuance of (i) Common Stock, par value $0.01 per share ("Common Stock"), of SunSource Inc., a Delaware corporation which has been newly formed by SunSource L.P., a Delaware limited partnership, and (ii) 11.6% Trust Preferred securities (the "Trust Preferred Securities") of SunSource Capital Trust, a Delaware statutory business trust (the "Trust"), representing preferred undivided beneficial interests in the assets of the Trust, which will consist of 11.6% Junior Subordinated Debentures ("Junior Subordinated Debentures") of SunSource Inc. In this Proxy Statement/Prospectus, SunSource Inc. is referred to as the "Corporation" and SunSource L.P. as the "Partnership."

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Alternate symbology:HLM-, HLM-P, HLMpr
Redeemable?:Yes
Call Date:9/30/2002 (Now Trading Post Call Date)
Maturity Date:9/30/2027
Cumulative?:Yes
Shares Offered:4,217,837
Liquidation Preference:$25
Recent Market Price:$34.93
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$9.93 (39.72%)
Annualized Dividend:2.900004
Recent Ex-Date:10/21/2019
Current Yield:8.30%
Original Coupon:11.60%
Pay Period:Monthly

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