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ADAMO
Adamas Trust, Inc. 9.250% Senior Notes Due 2031
$23.88
Current Price
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About Adamas Trust, Inc. 9.250% Senior Notes Due 2031
ADAMO is a bond-like security issued by Adamas Trust, Inc. Investors who buy it lend money to the company and receive 9.25% interest per year on the $25 face value until the notes come due in 2031. It trades on the stock market like a share, but it pays a fixed income stream instead of giving ownership in the company. The company's SIC code (an official industry label) is 6798, which covers real estate investment trusts.