Sentence examples for trust preferred from inspiring English sources

The bank will also offer holders of nonconvertible preferred and trust preferred securities to exchange their shares.

Most of those ineligible for the lower tax rate are trust preferred issues in other words, preferreds that are backed by bonds held by a trust.

"Further, the Federal Reserve has not objected to the ongoing payments of preferred dividends and interest on the trust preferred securities and subordinated debt".

Torchmark Capital Trust I, $150 million of trust preferred, 6 million of $25 par trust preferred due 2041, Baa2/BBB+/.

Partner Re, $150 million of 30-year trust preferred, six million shares of $25 trust preferred due 2031, with 19-year extension, A3/A-/.

Semco Capital Trust, 1.6 million shares of $25 cumulative trust preferred due 2040, Baa3/BB+/.

The trust-preferred notes were at the top of the list.

Community banks have relied on trust-preferred securities to build their capital for decades.

First State expects to finance the acquisition by issuing equity and trust-preferred securities, it said.

Under the revised deal, and in a direct nod to the judge, BB&T agreed to assume the trust-preferred securities.

At the time, Sandler was committed to selling $250 million of so-called trust-preferred securities, a popular instrument used by banks to pay for expansion.