Western Alliance Bancorporation, 6.25% Subordinated Debentures Due 07/01/2056
By: Tim McPartland,
Date Issued 6/10/2016
Shares 7,000,000 Overallotment Shares None
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol WALA
Market Traded ON NYSE
Interest Payment Paid on the 1st of January, April, July and October beginning on 10/1/2016
Quarterly Interest .391 Annual Interest 1.563
Securities may be redeemed, at the issuers option, as early as 07/01/2021 for a redemption price of $25/share plus accrued interest
Interest payment is NOT a qualified distribution
Maturity Date 07/01/2056
Company Investor Relations Page for AmTrust Financial Services
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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.
