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Iberiabank Corporation 6.62% Fixed to Floating Non Cumulative Perpetual Preferred Stock, Series B

By: ,

CAUTION–THIS PREFERRED ISSUE PAYS DIVIDENDS JUST TWICE PER YEAR

Date Issued   7/29/2015

Shares Issued   3,000,000  Overallotment Shares  450,000

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   IBKCP   OTC Temp Ticker  IBBRP

Market Traded On   NASDAQ

Dividend Payment Paid on the 1st of February and August beginning on 2/01/2016

Semi Annual Dividend   .828   Annual Dividend   1.656

On 8/1/2025 Coupon Rate Floats.  The rate will be 3 month libor plus 4.262% Dividend payments go to quarterly payments beginning at this time and will be on 2/1, 5/1, 8/1 and 11/1.

Securities may be redeemed, at the issuers option, as early as 08/01/2025 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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