Sector: Banking
Hancock Whitney Corporation 6.25% Notes due 2060
Previously was Hancock Holdings
OceanFirst Financial 7.00% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A
Coupon is fixed at 7% until 5/15/2025 after which time the coupon floats at 3 month SOFR plus a spread of 6.845%.
Old National Bank 7.00% Fixed Rate Non-Cumulative Perpetual Preferrd Stock, Series A
Originally issued by First Midwest. First Midwest merged with Old National Bank on 2/16/2022.
Wintrust Financial Corporation 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E
Coupon will be fixed until 7/15/2025 after which it will be reset at the 5 year treasury plus a spread of 6.507%. Every 5 years there after the coupon will reset at the 5 year treasury rate plus the spread
May only be redeemed on a dividend payment date