Capstone Infrastructure Corporation Provides Notice of Conversion Rights for Cumulative 5-Year Rate Reset Preferred Shares, Series A

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Capstone Infrastructure Corporation will not exercise its right to redeem the 3,000,000 outstanding Series A Preferred Shares on July 31, 2026. — The decision not to redeem means the company will continue to carry the liability of these preferred shares on its balance sheet rather than retiring them.
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Holders of Series A shares are granted the right to convert their holdings into Series B Cumulative Floating Rate Preferred Shares on July 31, 2026. — This provides investors with flexibility to move from a fixed-rate reset to a floating-rate instrument depending on their interest rate outlook.
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The new dividend rates for both Series A and Series B shares will be announced on July 2, 2026. — This is a procedural announcement of a future date and does not provide the actual rate data needed to move the market.
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