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Quotes delayed 20 minutes
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Hold (2.14 out of 4)
13rd percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Thursday, December 13, 1:49 AM
Slide #45. MB Financial, Inc. — Preferred Stock Offering
| Company: |
MB Financial, Inc. (NASDAQ:MBFI) |
| Date announced: |
11/15/2017 |
| Shares Offered: |
8,000,000 |
| Date of Pricing: |
11/15/2017 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
MB Financial, Inc. (the "Company" or "MB Financial") (Nasdaq:MBFI), today announced the pricing of its public offering of 8,000,000 depositary shares (the "Depositary Shares"), each representing a 1/40th interest in a share of its 6.000% Noncumulative Perpetual Preferred Stock, Series C (the "Preferred Stock"), liquidation preference of $25 per Depository Share (equivalent to $1,000 per share of Preferred Stock), at a public offering price of $25 per Depositary Share, for gross proceeds of $200.0 million. Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS Securities LLC are acting as lead joint bookrunning managers of the offering. J.P. Morgan Securities LLC and Sandler O'Neill & Partners, L.P. are acting as joint bookrunning managers of the offering. |
MB Financial is a financial holding company. Through its banking subsidiary, MB Financial Bank, N.A., Co. provides a range of financial services to individuals and corporate customers. Co.'s primary market is the Chicago, IL metropolitan area. Co. operates in three reportable segments: Banking, which provides a set of credit, deposit, treasury management, capital markets, and international banking products; Leasing, which includes lease originations and related services provided through its Celtic Leasing Corp and MB Equipment Finance, LLC subsidiaries; and Mortgage Banking, which originates residential mortgage loans for sale to investors and for Co.'s portfolio . Preferred: MBFIP
 Open the MBFI Page at Preferred Stock Channel »
| Name: |
MB Financial Inc |
| Website: |
www.mbfinancial.com |
| Sector: |
Banking & Savings |
| Number of ETFs Holding MBFI: |
36 (see which ones) |
| Total Market Value Held by ETFs: |
$404,401,011 |
| Total Market Capitalization: |
$3,483,000,000 |
| % of Market Cap. Held by ETFs: |
11.61% |
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Open the MBFI Page at Preferred Stock Channel (in a new window) »
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