other_material
confidence high
sentiment neutral
materiality 0.55
Farmer Mac closes issuance of 4M shares of 6.500% Series H Preferred Stock
FEDERAL AGRICULTURAL MORTGAGE CORP
- Issued 4,000,000 shares of 6.500% Non-Cumulative Preferred Stock, Series H.
- Offering completed on August 25, 2025 via exempt public offering.
- Underwriting agreement dated August 20, 2025 with RBC Capital Markets, LLC.
- Series H dividend rate of 6.500% per annum on liquidation preference of $25 per share.
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