Coupon is fixed at 5.50% until 9/30/2022 at which point the coupon floats at 3 month Libor plus a spread of 3.578%
Only redeemable on a dividend payment date
Sector: Banking
Zions Bancorporation, 6.95% Fixed-to-Floating Rate Subordinated Notes due 2028
Coupon is fixed at 6.95% Until 9/15/2023 and will begin to float after that date at a rate of 3 month Libor plus a spread of 3.89%.
Ticker changed from ZBK to ZIONL
Raymond James Financial Inc 6.75% Fixed-to-Floating Rates Series A Non-Cumulative Perpetual Preferred Stock
Originally issued by Tristate Capital which was merged with Raymond James Financial effective 6/1/2022
Shares Shall be fixed rate at 6.75% until 4/1/2023 at which time they will float at a rate of 3 month libor plus 3.985%
Only redeemable on a dividend payment date
Western Alliance Bancorp 6.25% Subordinated Notes due 2056
Webster Financial Corporation 5.25% Series F Non-Cumulative Perpetual Preferred Stock
Only redeemable on a dividend payment date