PreferredStockChannel

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Tue, July 7, 8:02 AM

Slide #3. Heartland Financial USA, Inc. Preferred Stock Offering

Company: Heartland Financial USA, Inc. (NASDAQ:HTLFP)
Date announced: 6/19/2020
Shares Offered: 4,000,000
Date of Pricing: 6/19/2020
Price Per Share: $25.00
Preferred Stock Offering Details: Heartland Financial USA, Inc. (NASDAQ: HTLF) ("Heartland") today announced that it has priced an underwritten public offering of 4,000,000 depositary shares (the "depositary shares"), each representing a 1/400th interest in a share of 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, with a liquidation preference of $25 per depositary share (equivalent to $10,000 per share of Series E Preferred Stock). The offering is subject to customary closing conditions and is expected to close on or about June 26, 2020. Heartland has applied to list the depositary shares on The Nasdaq Global Select Market under the symbol "HTLFP." Raymond James & Associates, Inc., Keefe, Bruyette & Woods, Inc., A Stifel Company, Wells Fargo Securities, LLC, D.A. Davidson & Co., and Piper Sandler & Co. are acting as joint book-running managers. The underwriters have been granted a 30-day option to purchase an additional 600,000 depositary shares.

Heartland Financial USA is a multi-bank holding company. Co. conducts a community banking business through community banks (collectively, the Banks). The principal business of Co.'s Banks consists of making loans to and accepting deposits from businesses and individuals. Co.'s Banks provide commercial and retail banking in their communities. Co.'s lending and investment activities are funded primarily by core deposits. Deposit products include checking and other demand deposit accounts, Negotiable Order of Withdrawal accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health savings accounts and other time deposits.
Open the HTLFP Page at Preferred Stock Channel »

Name: 
Heartland Financial USA, Inc. (Dubuque, IA)
Website: 
www.htlf.com
Sector: 
Banking & Savings
 

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

Quotes delayed 20 minutes

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 3 of 504 | www.PreferredStockChannel.com

Copyright © 2010 - 2020, 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.