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Published on 4/25/2012 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

CVB Financial to redeem $20.62 million securities on June 17

By Tali David

Minneapolis, April 25 - CVB Financial Corp. will redeem $20,619,000 of capital and common securities issued by subsidiary CVB Statutory Trust I, according to an 8-K filed with the Securities and Exchange Commission.

The securities will be redeemed on June 17.

The amount to be redeemed is half of the outstanding capital and common securities issued by the trust.

U.S. Bank NA is the trustee

Toronto-based CVB Financial is the bank holding company of Citizens Business Bank.


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