debt
confidence high
sentiment neutral
materiality 0.50
Medallion Bank to redeem all Series F Preferred Stock at $25/share on July 1, 2025
MEDALLION FINANCIAL CORP
- Bank will redeem all 1,840,000 outstanding Series F Preferred shares for $46M aggregate.
- Redemption at $25.00 per share on July 1, 2025; dividend paid separately on same date.
- Shares held in book-entry through DTC; transfer agent is Equiniti Trust Company.
- Post-redemption, Series F shares will no longer be outstanding; dividends cease accruing.
item 7.01item 9.01