trending Market Intelligence /marketintelligence/en/news-insights/trending/rsiTaETQ4GI5FvVHi1gM0w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

SVB Financial to redeem debentures for $51.5M

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


SVB Financial to redeem debentures for $51.5M

SVB Financial Group expects to redeem on Dec. 21 the company's 7% junior subordinated debentures. The aggregate redemption amount is pegged at $51.5 million, plus interest.

The debentures, which would have been due Oct. 15, 2033, relate to the 7% trust preferred securities issued by SVB Capital II. The TruPS will also be redeemed.