debt
confidence high
sentiment neutral
materiality 0.50
Wintrust completes $425M offering of 7.875% Series F Preferred Stock
WINTRUST FINANCIAL CORP
- Closed public offering of 17,000,000 depositary shares (Series F Preferred Stock).
- Each depositary share represents 1/1,000th interest in a 7.875% fixed-rate reset non-cumulative perpetual preferred share.
- Liquidation preference of $25,000 per preferred share ($25.00 per depositary share).
- Underwriting agreement with RBC Capital Markets as representative dated May 8, 2025.
- Shares offered under existing shelf registration statement; proceeds for general corporate purposes.
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