Capital One Financial Corporation (NYSE:COF) has announced an offering of new $25/share preferred stock.
Being a financial firm the offering will be non-cumulative, but qualified. Early redemption will start in 2024.
The permanent ticker symbol will be COF-I when it begins to trade on its permanent exchange. The issue will trade on the OTC grey market–likely tomorrow, but the temporary ticker has not been announced. We will post the ticker when announced.
The company has 6 other issues outstanding which can be seen here.