Newly Issued Preferreds For Medallion Bank Pays An Attractive Yield For Its Risk Profile
Source: SeekingAlpha
2025-08-06 11:58:39 ET
Investing Thesis
Medallion Bank, trading under Medallion Financial Corp. (MFIN), issued a new fixed-rate reset non-cumulative perpetual preferred stock, Series G (MBNKO) trading on the Nasdaq Capital Market, on May 22, 2025 . Per its May 15, 2025 Offering Circular , MBNKO pays a fixed-rate coupon of 9% until July 1, 2030, after which point it will pay a floating rate based on the 5-year US Treasury plus a spread of 4.94% per annum....
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Newly Issued Preferreds For Medallion Bank Pays An Attractive Yield For Its Risk Profile
Medallion Bank Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series G par value $1.00 per share
NASDAQ: MBNKO
MBNKO Trading
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MBNKO Latest News
January 29, 2026 04:05:00 pm
Medallion Bank Reports 2025 Fourth Quarter and Full-Year Results and Declares Series G Preferred Stock Dividend
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