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Published on 9/15/2004 in the Prospect News Convertibles Daily.

Carver Bancorp calls series A, B preferreds

Pittsburgh, Sept. 15 - Carver Bancorp. Inc. will redeem all 40,000 outstanding shares of its series A convertible preferred stock and all 60,000 shares of its series B convertible preferred stock at a price of $26.97 per share plus $0.65 in accrued dividends, according to a company news release.

The redemption date is Oct. 15.

Carver is a New York-based financial services institution.


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