MB Financial 6.00% Non-Cumulative Perpetual Preferred Stock Series C

By: ,

Date Issued  11/13/2017

Shares Issued  8,000,000       Overallotment Shares  0

S&P Rating   NR   Moodys Rating   Ba3

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Ticker Symbol   MBFIO      OTC Grey Market  MBFFP

Market Traded ON   NASDAQ

Dividend Payment Paid on the 25th of February, May, August and November beginning on 2/25/2018

Quarterly Dividend   .375   Annual Dividend   1.50

Securities may be redeemed, at the issuers option, as early as 11/25/2022  the call price is $25 plus accrued dividends

Dividend Payment WILL be Qualified Distributions (Preferred stock of banks/insurance companies pay qualified distributions).

Maturity Date   None

 

Company Investor Relations Page for MB Financial

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Click here for the offering Prospectus and/or Final Pricing Document

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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