E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/12/2012 in the Prospect News Preferred Stock Daily.

Preferred Stock Calendar

October

EVERBANK FINANCIAL CORP.: Series A cumulative perpetual preferred stock; payable quarterly or within 90 days of a regulatory capital treatment event; proceeds for general corporate purposes, including organic growth or acquisitions; Jacksonville, Fla.-based diversified financial services company.

On The Horizon

ALLSTATE CORP: $1.25 billion of preferreds and senior notes; proceeds to be used to repurchase $1 billion of stock and for repayment of 2012 debt; Northbrook, Ill.-based insurance company.

SOUTHERN FIRST BANCSHARES INC.: $17.29 million fixed-rate series T cumulative perpetual preferreds; $1,000 liquidation preference; to be sold by Treasury Department; dividend is initially 5% and will increase to 9% on May 15, 2014; company will not receive any proceeds from the sale; Greenville, S.C.-based holding company for Southern First Bank NA.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.