|
|
|
SB Financial Group Inc | 6.50% Noncumulative Convertible Perpetual Preferred Share, Series A (SBFGP)
Prospectus excerpt: We are offering up to 1,500,000 depositary shares, each representing a 1/100th ownership interest in a 6.50% Noncumulative Convertible Perpetual Preferred Share, Series A, of SB Financial Group, Inc. with a liquidation preference of $1,000.00 per share (equivalent to $10.00 per depositary share) (the ÙSeries A Preferred Sharesˆ). We are offering the depositary shares for sale to the public in the following descending order of priority: (1) to our existing shareholders; (2) to our customers and members of the local communities we serve; and (3) to the extent that depositary shares remain available for purchase, in a syndicated offering managed by Keefe, Bruyette & Woods, Inc. See ÙPlan of Distribution ? Offering Priorities.ˆ Full Prospectus PDF », Secondary Prospectus PDF », SBFG Page »
Series: | A | Redeemable?: | Yes | Call Date: | 2/1/2020 (Now Trading Post Call Date) | Perpetual?: | Yes | Cumulative?: | No | Conversion Price: | $8.80 to $10.34 | Shares Offered: | 1,500,000 | Liquidation Preference: | $10.00 | Original Coupon: | 6.50% | Pay Period: | Quarterly | Pay Dates: | 15-Mar, 15-Jun, 15-Sep, 15-Dec | CDx3 Compliance Rating: |
Learn SBFGP's Rating
|
|
SB Financial Group is a financial holding company. Through its direct and indirect subsidiaries, Co. is engaged in financial activities, including commercial banking, and wealth management services. Co.'s subsidiary, The State Bank and Trust Company, provides a range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit; automatic teller machines; commercial, consumer, agricultural and residential mortgage loans; personal and corporate trust services; commercial leasing; bank credit card services; safe deposit box rentals; internet banking; private client group services; and other personalized banking services. Preferred: SBFGP Open the SBFG Information Page »
|
|
|
|
|