trending Market Intelligence /marketintelligence/en/news-insights/trending/x0swk4wlizhxdja3n0055g2 content esgSubNav
In This List

MB Financial redeeming certain TruPS

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Case Study

Actions to Reduce Emissions at an Asian Financial Services Firm


MB Financial redeeming certain TruPS

MB Financial Inc.'s American Chartered Statutory Trust I is redeeming its outstanding capital securities for approximately $20.3 million.

The trust preferred securities will be redeemed March 19, as Chicago-based MB Financial concurrently redeems its own floating-rate junior subordinated debentures due 2031. Those debentures are held by the Trust.

The redemption will be funded with the proceeds of a depositary share offering.