Hilltop Holdings to redeem all 8.25% series A preferreds on Sept. 6

By Devika Patel

Knoxville, Tenn., Aug. 6 - Hilltop Holdings, Inc. said it will redeem all of its 8.25% series A cumulative redeemable preferred shares on Sept. 6 at a redemption price of $25.2063 per preferred.

The redemption price is equal to the liquidation preference of $25.00 plus accrued dividends up to and including the redemption date.

The redemption will be funded with available cash.

Hilltop Holdings, through its subsidiary, Nlasco, Inc., operates as a property and casualty insurance company in the United States. The company is based in Dallas.

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