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3 months ago
BRIEF-Power Financial increases series V preferred stock offering
May 16, 2017 / 7:09 PM / 3 months ago

BRIEF-Power Financial increases series V preferred stock offering

May 16 (Reuters) - Power Financial Corp:

* Power Financial announces increase to previously announced issue of series V preferred shares to $250 million

* Series V shares will be priced at $25.00 per share and will carry an annual dividend yield of 5.15 pct

* Underwriters have exercised their option to purchase an additional 2 million non-cumulative first preferred shares, series V Source text for Eikon: Further company coverage:

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