Coupon is fixed at 7.875% until 5/15/2023 after which it will float at a rate of 3 month Libor plus a spread of 4.919%
DCP has been acquired by Phillips 66 effective 6/15/2023
Type: Floating Rate
Valley National Bancorp 5.50% Fixed-to-Floating Rate Non Cumulative Preferred Stock, Series B
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
Energy Transfer Partners 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred
4/21 Ticker Changed.
Coupon will be 7.375% until 5/15/2023 and then will float at 3 month Libor plus a spread of 4.53%
Enbridge Inc. 6.375% Fixed-to-Floating Rate Subordinated Notes 2018-B Series due 2078
Coupon is fixed at 6.375% until 4/15/2023 after which it will float at a rate of 3 month Libor plus a spread of 3.593 until 4/15/2028. After 4/15/2028 until 4/15/2043 the coupon will be 3 month Libor plus a spread of 3.843%. From 4/15/2043 until 4/15/2078 the coupon will be 3 month Libor plus a spread of 4.593%.
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