Banc of California Announces Redemption of Series D Preferred Stock and Quarterly Dividends
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC), today announced that it will redeem on March 15, 2021 all of its outstanding 7.375% Non-Cumulative Perpetual Preferred Stock, Series D, par value $0.01 per share (the “Series D Preferred Stock”), and the corresponding depositary shares, each representing a 1|40th interest in a share of the Series D Preferred Stock (the “Series D Depositary Shares”). In addition, Banc of California announced that its Board of Directors ha
Banc of California Announces Redemption of Series D Preferred Stock and Quarterly Dividends
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC), today announced that it will redeem on March 15, 2021 all of its outstanding 7.375% Non-Cumulative Perpetual Preferred Stock, Series D, par value $0.01 per share (the “Series D Preferred Stock”), and the corresponding depositary shares, each representing a 1|40th interest in a share of the Series D Preferred Stock (the “Series D Depositary Shares”). In addition, Banc of California announced that its Board of Directors ha