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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 6/20/2012 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Webster calls all $136.06 million of 7.65% Capital Trust IV preferreds

By Tali David

Minneapolis, June 20 - Webster Financial Corp. plans to redeem all $136.06 million of its Webster Capital Trust IV 7.65% fixed- to floating-rate trust preferred securities due June 20, 2037, according to a redemption notice.

The preferreds will be redeemed at par plus accrued interest on July 18.

Waterbury, Conn.-based Webster Financial is the holding company for Webster Bank, NA.


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