MB FINANCIAL, INC. (NASDAQ:MBFI) Files An 8-K Other EventsItem 8.01 Other Events
On January 10, 2018, MB Financial, Inc. (the "Company") issued a press release announcing that it will redeem all of the 4,000,000 issued and outstanding shares of its Perpetual Non-Cumulative Preferred Stock, Series A on February 15, 2018 at a redemption price of $25.00 per share, or $100 million in the aggregate. The redemption will be funded with a portion of the net proceeds of the Company's public offering of depositary shares, each representing a 1/40th interest in a share of the Company's 6.00% Non-Cumulative Perpetual Preferred Stock, Series C, which was completed on November 22, 2017. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
MB FINANCIAL INC /MD ExhibitEX-99.1 2 exhibit991pressrelease0110.htm EXHIBIT 99.1 Exhibit MB Financial,…To view the full exhibit click here
About MB FINANCIAL, INC. (NASDAQ:MBFI)
MB Financial, Inc. is a financial holding company. The Company, through its bank subsidiary, MB Financial Bank, N.A., offers a range of financial services to small and middle market businesses, and individuals. The Company’s segments include banking, leasing and mortgage banking. Its banking segment includes lending and deposit gathering activities. It includes four primary lines of business: commercial banking, lease banking, retail banking and wealth management. Its leasing segment includes lease originations and related services offered through the Company’s leasing subsidiaries: LaSalle Systems Leasing, Inc., Celtic Leasing Corp. and MB Equipment Finance, LLC. Its mortgage banking segment originates residential mortgage loans for sale to investors through its retail and third-party origination channels, as well as residential mortgage loans held in its loan portfolio. The mortgage banking segment also services residential mortgage loans owned by investors and the Company.