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Message Boards Settings Gramercy Capital Corp. (GKK) - Quote Info
Dividend...      3-Nov-09 09:10 pm    
They exchanged some cdo to reduce the $150 million junior sub notes to $52 million. As stated in last quarter the $150 million loan covenant prevent them from issueing any dividend. Now thats out of the way we may see some dividends next year.
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garden96797

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  Subject Author Rating Time of Post (ET)  
 
Dividend...
garden96797 (1 Rating) 3-Nov-09 09:10 pm  
 
Why do you think that covenant is out of the way? ...
noconwood10... (2 Ratings) 3-Nov-09 09:16 pm  
 
Never mind, I see the supplemental allows the...
noconwood10... (2 Ratings) 3-Nov-09 09:26 pm  
 
So do you think that only the preferred ...
dppavl Rate it 4-Nov-09 01:35 am  
 
I don't think we will get any divi ...
garden96797 Rate it 4-Nov-09 02:19 am  
 
I am not sure we are allowed t...
friscojones... (1 Rating) 4-Nov-09 11:36 am  
 
Preferred will get paid a...
beginswithz Rate it 4-Nov-09 08:03 pm  
 
Doesn't look like GKK is headed toward paying divi...
hrdly_enuf Rate it 5-Nov-09 09:31 am  
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Gramercy Capital Corp. (GKK)

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