secwatch.observer — SEC 8-K summary
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Issuer:     WINTRUST FINANCIAL CORP (WTFC)
CIK:        0001015328
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001104659-25-046807
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wintrust Financial launches $414.7M public offering of 7.875% Series F Preferred Stock
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- Offering of 17M depositary shares each representing 1/1,000th interest in Series F preferred stock, liquidation preference $25,000/share.
- Estimated net proceeds of $414.7M after underwriting discounts and expenses; expected to close May 22, 2025.
- Proceeds for general corporate purposes, possibly to redeem outstanding Series D and/or Series E preferred stock, subject to Fed approval.
- Underwriting agreement with RBC Capital Markets as representative; certain underwriter affiliates have existing lending relationships with Wintrust.
- Series F is 7.875% fixed-rate reset non-cumulative perpetual preferred stock, no par value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015328/000110465925046807/0001104659-25-046807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015328/000110465925046807/tm2513736d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-046807

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