Webster Preferred Capital calls all series B 8.625% preferred stock

By Ashley Montgomery

Kansas City, Kan., Nov. 14 - Webster Preferred Capital Corp. said it would redeem all of its outstanding series B 8.625% cumulative redeemable preferred stock on Dec. 15.

The redemption price is $10 per preferred plus accrued dividends to the redemption date.

BNY Mellon Shareowner Services (800 777-3674) is the agent.

Webster is a Waterbury, Conn., subsidiary of Webster Bank, NA, in turn a subsidiary of Webster Financial Corp. It acquires, holds and manages real estate-related mortgage assets.

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