 |
 |
|
Silvergate Capital Corp | 5.375% Dep Share Non-Cumul Preferred Stock Series A (SIA)
Prospectus excerpt: We are offering 8,000,000 of our depositary shares (the “depositary shares”), each representing a 1/40th ownership interest in a share of our 5.375% fixed rate non-cumulative perpetual preferred stock, Series A, par value $0.01 per share (the “Series A Preferred Stock”), with a liquidation preference of $1,000 per share of Series A Preferred Stock (equivalent to $25 per depositary share). As a holder of the depositary shares, you will be entitled to all proportional rights and preferences of the Series A Preferred Stock (including dividend, voting, redemption and liquidation rights). You must exercise any such rights through the depositary. Full Prospectus PDF », Secondary Prospectus PDF », SI Page »
| Series: | A | | Redeemable?: | Yes | | Call Date: | 8/15/2026 | | Perpetual?: | Yes | | Cumulative?: | No | | Shares Offered: | 8,000,000 | | Liquidation Preference: | $25.00 | | Original Coupon: | 5.375% | | Pay Period: | Quarterly | | Pay Dates: | 15-Feb, 15-May, 15-Aug, 15-Nov | | CDx3 Compliance Rating: |
Learn SIA's Rating
|
|
|
Silvergate Capital is a bank holding company. Through its subsidiary, Silvergate Bank, Co. is engaged as a provider of financial infrastructure solutions and services to participants in the digital currency industry. Co. provides financial services that include commercial banking, mortgage warehouse lending, commercial business lending and real estate lending. Co.'s deposits serve as the primary funding source for lending, investing and other general banking purposes. Co.'s lending activities are focused on digital currency collateralized loans under the commercial and industrial loan category and mortgage warehouse loans. Preferred: SIA
Open the SI Information Page »
|
|
|
|
|
Free Email Alerts:
