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Midland States Bancorp 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series A

Coupon is fixed at 7.75% until 9/30/2027 after which it will reset at the 5 year treasury plus a spread of 4.713%. Coupon is reset every 5 years.




MSBIP
MSBI
NA
08/17/2022
09/30/2027
None
4,600,000
0
7.75%
$25
No
Yes
0.4843
MAR, JUN, SEP, DEC
30
NR
C
NR
NR
BBB-