First Republic to redeem $190 million of 5.5% series D preferreds

By Wendy Van Sickle

Columbus, Ohio, Sept. 18 – First Republic Bank called its $190 million of 5.5% non-cumulative preferred stock, series D, for redemption on Oct. 18, according to a news release.

The 7.6 million shares will be redeemed at par of $25.00 plus accrued dividends.

First Republic is a San Francisco-based private bank and wealth management company.

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