trending Market Intelligence /marketintelligence/en/news-insights/trending/tmDcIBQS4I-2_5nJ0L7Pvw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

TriState Capital completes preferred stock offering

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


TriState Capital completes preferred stock offering

TriState Capital Holdings Inc. on May 29 completed its preferred stock offering.

The company issued 2.8 million depositary shares, each representing a 0.025 interest in its 6.375% fixed- to floating-rate series B noncumulative perpetual preferred stock. TriState Capital granted the underwriters an option to purchase up to an additional 420,000 depositary shares.

Keefe Bruyette & Woods Inc. and Raymond James & Associates Inc. were joint book-running managers, while B. Riley FBR, Boenning & Scattergood Inc. and Stephens Inc. were the co-managers.