Private Bancorp 7.125% Subordinated Debentures
By: Tim McPartland,
S&P Rating NR
Security Ticker Symbol PVTD
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Market Traded ON NYSE
Interest Payment Paid on the 30th of January, April, July and October beginning on 01/30/2013
Quarterly Interest .445 Annual Interest 1.781
Securities may be redeemed, at the issuers option, as early as 10/30/2017 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 10/30/2042
Company Investor Relations Page for Private Bancorp
Below you can find the offering Prospectus and or final pricing documents
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Tim McPartland
Connect with 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.
