Legg Mason Global Asset Management 5.45% Junior Subordinated Debentures Due 2056

By: ,

Date Issued   8/4/2016

Shares Issued   20,000,000   Overallotment Shares  None

S&P Rating  BB+       Moodys  Baa2

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Security Ticker Symbol   LMHB        OTC Temporary Ticker    None Announced

Market Traded ON   NYSE

Interest Payment Paid on the 15th  of March, June, September and December beginning on  12/15/2016

Quarterly Interest   .341   Annual Interest   1.3625

Securities may be redeemed, at the issuers option, as early as 09/15/2021 for a redemption price of $25/share plus accrued Interest

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Dividend Payment Will NOT be a Qualified Distributions.  Interest payments are not qualified

Maturity Date   9/15/2056

 

Company Investor Relations Page form Legg Mason

Click here to find the offering Prospectus

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