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

MB Financial redeeming certain TruPS

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


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.