Allstate 6.25% Non Cumulative Preferred Stock (LEOPARDS)
By: Tim McPartland,
Date Issued 6/5/2014
Shares Issued 10,000,000 Over-allotment shares -0-
S&P Rating BBB- Moodys Rating Baa3
Security Ticker Symbol ALL-F OTC Temporary Ticker ALSTP
Market Traded ON NYSE
Dividend Payment Paid on the 15th of January, April, July and October beginning on 04/15/2014
Quarterly Dividend .391 Annual Dividend 1.5625
Securities may be redeemed, at the issuers option, as early as 10/15/2019 for a redemption price of $25/share plus accrued dividends. There is a ‘make whole’ payment of 45 basis points for redemptions before 10/15/2019 for a Rating Agency Event.
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
Below you can find the offering Prospectus and Final Pricing Document
LEOPARDS is a registered trademark of Incapital. Read more on LEOPARDS here.