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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%.

Ticker: CKNQP

Parent Ticker: NA

OTC Grey Market Temporary Ticker: NA

Issuance Date: 11/26/2014

1st Call Date: 01/01/2025

Maturity Date: None

Shares Issued: 3,000,000

Overallotment Shares: 0

Coupon: 6.20%

Face Value: $100.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 1.55

Payment Months: JAN, APR, JUL, OCT

Payment Day: 1

S&P Rating: BBB+

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

Moody Rating: NR

Fitch Rating: NR