TCF FINANCIAL CORPORATION (NYSE:TCB) Files An 8-K Other EventsItem 8.01. Other Events.
On September15, 2017, TCF Financial Corporation (the “Company”) issued a press release announcing that it will redeem all of the issued and outstanding SeriesA Non-Cumulative Perpetual Preferred Stock and the related issued and outstanding depositary shares, each representing a 1/1,000thinterest in a share of SeriesA Non-Cumulative Perpetual Preferred Stock. The redemption will be funded with the net proceeds from the Company’s public offering of depositary shares, each representing a 1/1,000thinterest in a share of the Company’s SeriesC Non-Cumulative Perpetual Preferred Stock, which closed on September14, 2017, and additional cash on hand. A copy of the Company’s press release containing such announcement is attached as Exhibit99.1 to this Current Report on Form8-K.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
TCF FINANCIAL CORP ExhibitEX-99.1 2 a17-21095_9ex99d1.htm EX-99.1 Exhibit 99.1 TCF Financial Corporation · 200 Lake Street East · Wayzata MN 55391 FOR IMMEDIATE RELEASE Contact: Mark Goldman (952) 475-7050 news@tcfbank.com (Media) Jason Korstange (952) 745-2755 investor@tcfbank.com (Investors) TCF ANNOUNCES REDEMPTION OF SERIES A DEPOSITARY SHARES WAYZATA,…To view the full exhibit click here
About TCF FINANCIAL CORPORATION (NYSE:TCB)
TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Lending, Funding and Support Services. Its Lending segment includes consumer real estate, commercial real estate and business lending, leasing and equipment finance, inventory finance and auto finance. Its Funding segment includes branch banking and treasury services, which includes the Company’s investment and borrowing portfolios and management of capital, debt and market risks, including interest rate and liquidity risks. Its Support Services segment includes Holding Company and corporate functions that provide data processing, bank operations and other professional services to the operating segments. TCF Bank operates bank branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona, South Dakota and Indiana. TCF delivers retail banking products in over 40 states.