First Republic Bank (“First Republic”) (FRC), a leading private bank and wealth management company, today announced it is calling for redemption of all of the outstanding depositary shares (the “Series D Depositary Shares”) relating to its 5.50% Noncumulative Perpetual Series D Preferred Stock (the “Series D Preferred Stock”). There are currently 7,600,000 issued and outstanding Series D Depositary Shares, each representing a 1/40th interest in a share of Series D Preferred Stock (NYSE: FRC-PRD, CUSIP No. 33616C886). The Series D Depositary Shares will be redeemed on October 18, 2019 (the “Redemption Date”) at a redemption price of $25.00 per Series D Depositary Share, representing an aggregate amount of $190,000,000, plus all accrued and unpaid dividends to, but excluding, the Redemption Date (the “Redemption Price”).

source https://finance.yahoo.com/news/first-republic-bank-issues-notice-123000564.html?.tsrc=rss