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First Republic Bank 4.25% Non-Cumulative Perpetual Preferred Stock, Series L

On 3/19/2023 S&P downgrade these to CCC

FDIC seized 4/30/2023 and FRC sold to JPM

Ticker: FRC-L

Parent Ticker: FRC

OTC Grey Market Temporary Ticker: FRCLP

Issuance Date: 01/28/2021

1st Call Date: 03/30/2026

Maturity Date: None

Shares Issued: 26,000,000

Overallotment Shares: 0

Coupon: 4.25%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.266

Payment Months: JAN, APR, JUL, OCT

Payment Day: 30

S&P Rating: CCC

III Rating (In Regards to Dividend Safety Only): F

Moody Rating: Ca

Fitch Rating: NR

Egan-Jones Rating: NR