First Citizens BancCorp 6.5% Non Cumulative Redeemable Convertible Perpetual Preferred
By: Tim McPartland,
S&P Rating NA Moodys Rating NA
Security Ticker Symbol FCZA-B
Market Traded ON NASDAQ
Advertisement.
Dividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2014
Quarterly Dividend .406 Annual Dividend 1.625
Securities may be redeemed, at the issuers option, as early as 12/19/2019 for a redemption price of $25/share plus accrued dividends
Initial conversion rate will be 3.2 shares of common ($25 preferred divided by $7.82) for 6 years.
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
Company Investor Relations Page for First Citizens Banc Corp
Below you can find the offering Prospectus and Final Pricing Document
Advertisement.
Advertisement.
Connect with Tim McPartland