UPDATE–THE OTC TICKER IS STFLV. LATELY AFTER THE INITIAL TICKER IS SET THEY GET CHANGED.
Stifel Financial Corp (SF) has priced their previously announced preferred stock issue.
The company has priced 12 million shares with a coupon of 4.50%. The issue is rated BB-/BB- by S&P and Fitch respectively.
The issue will trade on the OTC grey market, but once again the temporary ticker has not been announced.