Regions Financial 6.375% Fixed to Floating Non Cumulative Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 4/24/2014
Shares Issued 20,000,000 NO Over-allotment Shares
S&P Rating BB+ Moodys Rating Ba1
Security Ticker Symbol RF-B OTC Temporary Ticker RFNCL
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning on 9/15/2014
Quarterly Dividend .398 Annual Dividend 1.594
After 9/15/2024 dividend will float at 3 month libor plus 3.536%
Securities may be redeemed, at the issuers option, as early as 9/15/2024 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 Regions Financial
Below you can find the offering Prospectus and Final Pricing Document
