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City National Corp 6.75% Fixed to Floating Non Cumulative Preferred

By: ,

S&P Rating   BBB-  Moodys Rating   Baa2

Security Ticker Symbol   CYN-D    Temp Ticker for OTC  CYNLL

Market Traded ON   NYSE

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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