Synovus Financial 7 7/8% Fixed to Floating Rate Non Cumulative Perpetual Preferred Stock

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S&P Rating   B-   Moodys Rating   Caa1

Security Ticker Symbol   SNV-C

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Market Traded ON   NYSE

Dividend Payment Paid on the 1st of February, May, August and November beginning on 11/1/2013

Monthly Dividend   .487   Annual Dividend   1.946

Dividends will float after August 1, 2018 at a rate of 3 month Libor plus 6.39%

Securities may be redeemed, at the issuers option, as early as 07/31/2018 for a redemption price of $25/share plus accrued dividends

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Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for Synovus Financial

Below you can find the offering Prospectus and Final Pricing Document

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