Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Wed, September 28, 5:26 AM

Slide #187. MB Financial, Inc. Preferred Stock Offering

Company: MB Financial, Inc. (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 »

MB Financial Inc
Banking & Savings

Open the MBFI Page at Preferred Stock Channel (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree MBFI Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Hold (2.17 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on data provided by Zacks Investment Research via
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 187 of 585 |

Copyright © 2010 - 2022, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.