Western Alliance Bancorporation, 6.25% Subordinated Debentures Due 07/01/2056

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Date Issued  6/10/2016

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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

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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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Click here for the offering prospectus.

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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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