Merchants Bancorp 6.00% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock

Coupon is fixed until 10/1/2024 at 6.00% after which it begins to float at a rate of 3 month Libor plus a spread of 4.569%

May only be redeemed on a dividend payment date





MBINO
MBIN
MCSBL
08/12/2019
10/01/2024
None
5,000,000
0
6.00%
$25.00
No
Yes
0.375
MAR, JUN, SEP, DEC
14
JAN, APR, JUL, OCT
1
NR
C
NR