#StrategyToIssueMorePerpetualPreferreds A strategy to issue more perpetual preferred shares is not just a funding move —
it’s a capital structure decision with long-term consequences.
Perpetual preferreds typically:
• Provide capital without diluting common shareholders immediately
• Offer fixed or adjustable yields
• Sit between debt and equity in the capital stack
• Strengthen balance sheets without increasing traditional debt ratios
But the real question is not “Why issue?”
It’s “What signal does this send?”
Are companies:
• Locking in capital before conditions tighten?
• Managing leverag