FHN-D First Horizon National ADRs of 6.1% Fixed-To-Floating Non-Cumulative Preferred, Series D

Non-Cumulative distributions of 6.10% per annum ($1.525 per annum or $0.7625 per semi-annual) will be paid semi-annually on 5/1 & 11/1 until 5/1/2024 and then paid quarterly after 5/1/2024 on 2/1, 5/1, 8/1 & 11/1. Redeemable at the issuer's option on or after 5/1/2024 at $25 per depositary share plus declared and unpaid dividends. On and after 5/1/2024, distributions on the depositary shares will accumulate at a redemption price in cash of $25.00 per unit equal to the applicable three-month LIBOR plus a spread of 385.9 basis points.  This security was issued by First Horizon National Corp, whose common stock symbol is FHN.

$26.30  -0.10 (-0.38%)
As of 10/27/2021 12:55:34 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  USA
Country of incorporation:  USA
IPO date:  07/02/2020
Outstanding shares:  4,000,000
Average volume:  7,655
Market cap:   $105,720,000
Current dividend yield:  5.77%    calculation
Initial coupon rate:    6.100%
Spread to LIBOR: 0.038590
Cumulative:    No
Liquidation value:   $25.00
Callable after:   05/01/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    320517808
ISIN:        US3205178086
Sedol:      BL6LHT1

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