Coupon is fixed until 12/15/2026 after which the issue will float at the rate of 3 month Libor plus a spread of 3.892%.
Issue may only be redeemed on a dividend payment date
Type: Floating Rate
Customers Bancorp, 7.00% Fix-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series C
May only be redeemed on a dividend payment date
Coupon is fixed at 7% until 6/14/2020 after which it floats at a rate equal to 3 month LIBOR plus a spread of 5.30%
CAUTION–this issue is now floating at 3 month Libor plus 5.30%
Customers Bancorp, 6.50% Fixed-to-Floating Rate Non-Cumululative Perpetual Preferred Stock Series D
Coupon is fixed at the rate of 6.50% until 3/15/2021 after which the rate will float at a rate of 3 month Libor plus a spread of 5.09%
May only be redeemed on a dividend payment date
Customers Bancorp, 6.45% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series E
The coupon is fixed at 6.45% until 6/16/2021 after which at a floating rate equal to 3 month LIBOR plus a spread of 5.14%
May only be redeemed on a dividend payment date
Customers Bancorp, 6.00% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock Series F
The coupon is fixed until 12/16/2021 afterwhich at a floating rate equal to 3 month LIBOR plus a spread of 4.762%
May only be redeemed on a dividend payment date
CoBank ACB, 6.25% Fixed to Floating Non-Cumululative Perpetual Preferred Stock Series F
COBANK IS A NON PUBLIC COOPERATIVE FOCUSED ON AGRICULTURAL LENDING
Coupon is fixed at 6.25% until 10/1/2022 at which point the coupon rate will float at 3 month Libor plus a spread of 4.557%.
CoBank ACB, 6.20% Fixed to Floating Non-Cumulative Perpetual Preferred Stock Series H
COBANK IS A NON PUBLIC COOPERATIVE FOCUSED ON AGRICULTURAL LENDING
Coupon is fixed at 6.20% until 1/1/2025 afterwhich it floats at the rate of 3 month Libor plus a spread of 3.744%.
Citigroup, Inc., 7.125% Series J Fixed to Float Non-Cumulative Preferred Stock
Citigroup announced the redemption of 42% of this issue on 11/29/2023. Redemption date is 12/29/2023
Citigroup, Inc., 6.875% Fixed-to-Floating Non-Cumulative Preferred Stock Series K
CHS Inc., 7.10% Class B Reset Rate Cumulative Redeemable Preferred Stock Series 2
Coupon is fixed until 3/31/2024 after which it resets quarterly at 3 month libor plus 4.298% beginning 4/1/2024, but in no event will the rate be above 8%.
Since Libor has been eliminated this issue will reset at 4.298% plus 2.802% (7.10%) on 4/1/2024 as outlined in the prospectus
CHS is an agricultural cooperative and there is no publicly traded common stocks. The parent ticker used below is for sorting purposes only.