Tristate Capital Holdings 6.375% Fix-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B
By: Tim McPartland,
Date Issued 5/21/2019
Shares Sold 2,800,000 Overallotment Shares 420,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol TSCBP OTC Temporary Ticker TRSXL
Market Traded ON NASDAQ
Dividend Payment Paid on the 1st of January, April, July and October beginning on 07/1/2019.
Quarterly Dividend .398 Annual Dividend 1.594
Coupon will begin to float on 7/1/2026 at the rate of 3 month Libor plus a spread of 4.088%
Securities may be redeemed, at the issuers option, as early as 7/1/2026 the call price is $25 plus accrued dividends
Dividend Payment will be Qualified Distributions
Maturity Date None
Company Investor Relations Page for Tristate Capital
Click Here to find the offering Prospectus and Final Pricing Document
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