Merchants Bancorp 7.00% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock

Coupon is fixed until 4/1/2024 at 7% after which it begins to float at a rate of 3 month Libor plus a spread of 4.605%




MBINP
MBIN
MRBPP
03/21/2019
04/01/2024
None
2,000,000
300,000
7.00%
$25.00
No
Yes
0.4375
MAR, JUN, SEP, DEC
14
JAN, APR, JUL, OCT
1
NR
C
NR