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Prospect News home > News index > List of issuers T > Headlines for Tenders > News item
Published on 5/23/2013 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

CoBank to redeem all series C noncumulative perpetual preferreds

By Tali David

Minneapolis, May 23 - CoBank ACB plans to redeem all of its issued and outstanding shares of fixed-to-floating rate series C noncumulative perpetual preferred stock, according to a press release.

The preferreds will be redeemed at $50 per share plus accrued dividends on July 1.

American Stock Transfer & Trust Co., LLC is the redemption and paying agent.

CoBank is a Denver-based cooperative bank serving industries across rural America.


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