City National Corp 6.75% Fixed to Floating Non Cumulative Preferred
By: Tim McPartland,
S&P Rating BBB- Moodys Rating Baa2
Security Ticker Symbol CYN-D Temp Ticker for OTC CYNLL
Market Traded ON NYSE
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Dividend Payment Paid on the 7th of February, May, August and November beginning on 2/7/2014.
Quarterly Dividend .422 Annual Dividend 1.6875
Rate will be fixed at 6.75% until 11/7/2023 then will float at 3 month libor plus 4.052%
Securities may be redeemed, at the issuers option, as early as 11/07/2023 the call price is $25 plus accrued dividends
Dividend Payment will likely be Qualified Distributions
Maturity Date None
Company Investor Relations Page for City National Corp
Below you can find the offering Prospectus and/or Final Pricing Documents
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