IBERIABANK Corp 6.60% Fixed to Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C
By: Tim McPartland,
Date Issued 5/3/2016
Shares Issued 2,000,000 Overallotment Shares 300,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol IBKCO OTC Temp Ticker IBRRP
Market Traded On NASDAQ
Dividend Payment Paid on the 1st of February, May, August and November beginning on 8/1/2016
Quarterly Dividend .4125 Annual Dividend 1.65
On 5/1/2026 Coupon Rate Floats. The rate will be 3 month libor plus 4.92% reset quarterly
Securities may be redeemed, at the issuers option, as early as 05/01/2026 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Iberiabank Corporation
Below you can find the offering Prospectus and Final Pricing Document
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