Our site runs on donations to keep it running for free. Please consider donating if you enjoy your experience here!

AgriBank FCB, 6.875% Fixed-to-Floating Series A Non-Cumulative Perpetual Preferred Stock

Called for 1/1/2024

Coupon is Fixed at 6.875% until 1/1/2024 after which it will float at the rate of 3 month Libor plus a spread of 4.225% reset quarterly.

Redeemed 01/01/2024

Ticker: AGRIP

Parent Ticker: NA

OTC Grey Market Temporary Ticker: NA

Issuance Date: 10/30/2013

1st Call Date: 01/01/2024

Maturity Date: None

Shares Issued: 2,500,000

Overallotment Shares: 0

Coupon: 6.875%

Face Value: $100.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 1.7188

Payment Months: JAN, APR, JUL, OCT

Payment Day: 1

S&P Rating: BBB+

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

Moody Rating: Baa1

Fitch Rating: NR