E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/8/2017 in the Prospect News Preferred Stock Daily.

TCF Financial’s 6.45%, 7.5% noncumulative preferreds get new symbols

By Stephanie N. Rotondo

Seattle, May 8 – TCF Financial Corp.’s 6.45% series B noncumulative perpetual preferred stock, as well as its 7.5% series A noncumulative preferred stock, got new symbols on Monday, according to a market source.

The new tickers are “TCFPrC” and “TCFPrB.”

Additionally, the company’s common stock was changed to “TCF” from “TCB.”

The change was first announced April 26. Management said they opted to make the change when the New York Stock Exchange informed them that the “TCF” ticker was becoming available.

The symbol was previously assigned to TurboChef Technologies Inc.

“We have built significant name and brand recognition as TCF and this change helps us simplify our messaging to all of our stakeholders,” said Craig R. Dahl, vice chairman and chief executive officer, in the April announcement.

TCF is a Wayzata, Minn.-based banking institution.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.