trending Market Intelligence /marketintelligence/en/news-insights/trending/Q74iO2Q1dv_6ckMVAA_jrQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Customers Bancorp closes preferred stock offering

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Customers Bancorp closes preferred stock offering

As expected,Wyomissing, Pa.-based Customers BancorpInc. closed its public offeringof 2.3 million shares of fixed-to-floating rate noncumulative perpetual preferredstock, series E.

According to a Form 8-K filing, the preferred shares were pricedat $25.00 per share and have been registered under the Securities Act of 1933.

UBS Securities LLC and Morgan Stanley & Co. LLC served asjoint book-running managers for the offering.