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TCF Financial Corporation 5.70% Series C Non-Cumulative Preferred Stock

By: ,

Date  9/7/2017

Shares Issued  7,000,000    Overallotment   None

S&P Rating   BB-   Moodys Rating   Ba1

Security Ticker Symbol   TCB-D     OTC Grey Market    TCFFP

Market Traded ON   NYSE

Dividend Payment Paid on the 1st of March, June, September and December beginning on 12/01/2017

Quarterly Dividend   .356   Annual Dividend   1.425

Securities may be redeemed, at the issuers option, as early as 12/01/2022 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be a Qualified Distribution

Maturity Date   None

 

Company Investor Relations Page for TCF Financial

Click here to find the offering Prospectus and Final Pricing Document

 

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