Coupon is fixed at 6.375% until 6/17/2027 after which it floats at the rate of 3 month Libor plus a spread of 3.821%.
Effective 10/25/2024 New York Community Bank (NYCB) is now Flagstar (FLG)
On 3/19/2023 S&P downgrade these to CCC
FDIC seized 4/30/2023 and FRC sold to JPM
The coupon will be 6% until 9/30/2021 after which it will float at a rate of 3 month Libor plus a spread of 4.85%