Popular can defer payments on these securities for up to 60 consecutive months but not beyond the maturity date. If payments are deferred you will be required to pay federal taxes as if you received payment.
Type: Trust Preferred
Old Second Capital Trust I, 7.80% Cumulative Trust Preferred Securities
Merrill Lynch Capital Trust III, 7.375% Trust Preferred Securities
Bank of America Corp, 6.45% Income Capital Obligation Notes due 2066
Originally issued by Merrill Lynch
Lehman Brothers Holdings Capital Trust VI, 6.24% Preferred Securities, Series N