Securities Offered definition
Securities Offered. The Company is offering a maximum of 2,500,000 shares of its Common Stock, $.0001 par value per share (the "Shares") to Institutional Investors (as well as to "Accredited Investors" and a limited number of "Non-accredited Investors" as permitted by this Memorandum) pursuant to this Private Placement Memorandum (this "Memorandum").
Securities Offered. Minimum Funding Amount: $ Maximum Funding Offered: $ Termination Date: Minimum Subscription Amount: $
Securities Offered. Depositary Shares, each representing a 1/40th interest in a share of Associated Banc-Corp 5.875% Non-Cumulative Perpetual Preferred Stock, Series E Size: $100,000,000 (4,000,000 Depositary Shares) Officers, directors and/or others affiliated with the Issuer are expected to purchase an aggregate of $31,050,000 (1,242,000 Depositary Shares) sold in the offering at the public offering price, representing approximately 31% of the Depositary Shares being offered. The Underwriters will not receive any commissions on such purchases by the Issuer’s officers, directors and/or affiliates. Liquidation Preference: $1,000 per share of 5.875% Non-Cumulative Perpetual Preferred Stock, Series E (equivalent to $25 per Depositary Share) Public Offering Price: $25 per Depositary Share Maturity: Perpetual Underwriting Commission(1): $0.7875 Net Proceeds to Issuer(2): $97,828,075 Dividend Rate: 5.875% per annum Dividend Payment Dates: March 15, June 15, September 15 and December 15 each year, commencing December 15, 2018 Redemption Provisions: In whole or in part, from time to time, on any dividend payment date on or after December 15, 2023, or in whole but not in part, at any time within 90 days following a regulatory capital treatment event (subject to limitations described in the preliminary prospectus supplement dated September 19, 2018). Non-Cumulative Dividends: Dividends will not be cumulative. If Associated Banc-Corp does not declare dividends or does not pay dividends in full on the Series E Preferred Stock on any date on which dividends are due, then these undeclared and unpaid dividends will not cumulate, accrue, or be payable. Book-Entry Form: The Depositary Shares will be issued in book-entry form through The Depository Trust Company. Trade Date: September 19, 2018 Settlement Date:** September 26, 2018 (T+5) CUSIP/ISIN for the Depositary Shares: 045487204 / US0454872047 Listing: Application will be made to list the Depositary Shares on the New York Stock Exchange under the symbol “ASBPRE”. If approved for listing, trading of the Depositary Shares is expected to commence within a 30-day period after the initial delivery of the Depositary Shares. Joint Book-Running Managers: ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated UBS Securities LLC Co-Managers: Citigroup Global Markets Inc. ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. * Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. ** We expec...
Examples of Securities Offered in a sentence
Securities Offered: 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”).
Securities Offered: $130.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2026 (the “Exchangeable Senior Notes”), guaranteed by each of the Guarantors listed below.
Securities Offered: 1.250% Convertible Senior Notes due 2025 (the “Notes”).
Securities Offered We are offering up to 400,000 shares of Series A-1 Preferred Stock, no par value, of the Company (each, a “Series A-1 Preferred Shares” and collectively, the “Series A-1 Preferred Shares”) (the “Offering”).
Securities Offered: 3.00% Convertible Senior Notes due 2018 (the “Notes”).
More Definitions of Securities Offered
Securities Offered. US$ equivalent of pound sterling 75 million principal amount of 9.90% Non-voting Preferred Stock ("Preferred Stock") (the exchange rate to be determined in accordance with the Sale and Purchase Agreement)
Securities Offered. Senior Subordinated Notes Principal Amount: $50 Million Expected Ratings: Baa3/BBB- Maturity: 10 Years Redemption at Option of Issuer: None Spread to Treasury: +160 basis points Offering Price: 100.00% 10.668% payable 6/22 12/22 Placement Agent's Fee: .675% x $50 million 30/360 basis Expenses: The Association will be responsible for all expenses associated with the placement of the Notes, including the fees of its own counsel, Purchaser's counsel, and out-of-pocket expenses of the Placement Agent. Fees for Purchaser's counsel and Placement Agent's out-of-pocket expenses are not to exceed $25,000. Net Proceeds(1): 99.325% All-In-Cost(2): +171 basis points Subordination: The Notes will be subordinated to all present and future Senior Indebtedness, including deposits. The Notes do not limit the creation of additional liabilities, including Senior Indebtedness, except that the Association may not create liabilities that are both junior to Senior Indebtedness and senior in right of payment to the Notes. No payments on the Notes may be made if there shall have occurred and be continuing a default in any payment with respect to Senior Indebtedness, or an event of default with respect to any Senior Indebtedness permitting the holders thereof to accelerate the maturity thereof, or if any judicial proceeding shall be pending with respect to any such default. -----------------------------
Securities Offered. Restricted convertible preferred stock (6,329,114 shares) at $1.58 per share, which represents 128% of the average closing price of Tipperary common stock for the 20 trading days ended November 15, 1999. Warrants for 1,200,000 shares of restricted common stock of Tipperary at an exercise price of $2.00 face value per share. The warrants may be exercised during an eight-year period beginning 2 years from the date of the closing and ending 10 years from the date of closing ("exercise period"). The warrants may be exercised in whole during the exercise period, or in part (but in lots of at least 100,000 shares) at any time and from time to time during the exercise period.
Securities Offered. [ ]% Series A Cumulative Preferred Stock (the “Series A Preferred Stock”).
Securities Offered. Depositary Shares, each representing 1/40th interest in a share of 6.750% Fixed Rate/Floating Rate Non-Cumulative Preferred Stock, Series D Principal Amount: $100 million (4 million Depositary Shares) Liquidation Preference $1,000 per share of Preferred Stock (equivalent to $25.00 per Depositary Share) Maturity Date: Perpetual
Securities Offered. Depositary Shares, each representing 1/40th interest in a share of 5.50% Non-Cumulative Perpetual Preferred Stock, Series C
Securities Offered. US$[ ] million principal amount of [ ]% Convertible Preferred Stock ("Convertible Preferred Stock") The coupon and principal will be determined by the Issuer. The Issuer must, within 1 month prior to the proposed date of issue of the Convertible Preferred Stock (in the case of (i) below) or within 1 week prior to the proposed date of issue of the Convertible Preferred Stock (in the case of (ii) below) at its discretion either:-