Merchants Bancorp to redeem all Series A Preferred Stock at $25/share on April 1, 2024

Merchants Bancorp

Redemption of 7.00% Fixed-to-Floating Rate Series A Preferred Stock (MBINP) at $25.00 per share.
Redemption to be funded from cash on hand; dividends previously declared will be paid separately on April 1.
Merchants will voluntarily delist Series A Preferred Stock from Nasdaq; Form 25 to be filed.
All necessary regulatory approvals for redemption have been obtained.
Payment will be made by Computershare on the redemption date.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.