Valley National Bank 5.50% Fixed-to-Floating Rate Non Cumulative Preferred Stock, Series B

Coupon is fixed at 5.50% until 9/30/2022 at which point the coupon floats at 3 month Libor plus a spread of 3.578%

Only redeemable on a dividend payment date




VLYPO
VLY
NA
07/27/2017
06/30/2022
None
4,000,000
600,000
5.50%
$25.00
No
Yes
0.344
MAR, JUN, SEP, DEC
13
MAR, JUN, SEP, DEC
30
BB+
B
NR