Merged with Apollo Global Management 1/3/2022
The coupon will be fixed until 9/30/2025 at 6.375% after which point the rate will be reset at a rate of the 5 year treasury plus a spread of 5.97%–reset every 5 years.
Type: Fixed-Rate Reset
Argo Group 7.00% Resettable Fixed Rate Preference Shares
Argo Limited was acquired by Brookfield Reinsurance on 11/16/2023
Coupon will be fixed at 7% until 8/15/2025 after which the coupon will reset at the rate of the 5 year treasury plus a spread of 6.721%. To be reset every 5 years thereafter
Heartland Financial USA Inc. 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E
Coupon is fixed at 7% until 7/14/2025. On 7/15/2025 the rate will be the 5 year treasury and a spread of 6.675% which is reset every 5 years.
American Equity Investment Life Holding Company 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B
The coupon will be fixed until 9 /1/2025 at 6.625% after which point the rate will be reset at the 5 year treasury plus a spread of 6.297% and there after reset every 5 years
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