InvestorsHub Logo
Followers 18
Posts 1050
Boards Moderated 0
Alias Born 04/21/2009

Re: MadBadger post# 705954

Saturday, 03/11/2023 10:57:41 PM

Saturday, March 11, 2023 10:57:41 PM

Post# of 729321
Thanks Madbagger :)

while series K and P were preferred securities issued by Washington Mutual, Inc., a Washington corporation.

series I, J, L,M, N were “Preferred and Trust Securities.”

https://www.sec.gov/Archives/edgar/data/933136/000095013407025343/v36123b2e424b5.htm

On March 7, 2006, Washington Mutual Preferred Funding (Cayman) I Ltd. issued $750,000,000 of 7.25% Perpetual Non-cumulative Preferred Securities and Washington Mutual Preferred Funding Trust I issued $1,250,000,000 of Fixed-to-Floating Rate Perpetual Non-cumulative Trust Securities. On December 6, 2006, Washington Mutual Preferred Funding Trust II issued $500,000,000 of Fixed-to-Floating Rate Perpetual Non-cumulative Trust Securities. On May 21, 2007, Washington Mutual Preferred Funding Trust III issued $500,000,000 of Fixed-to-Floating Rate Perpetual Non-cumulative Trust Securities. On October 18, 2007, Washington Mutual Preferred Funding Trust IV issued $1,000,000,000 of Fixed-to-Floating Rate Perpetual Non-cumulative Trust Securities. These securities are collectively referred to herein as “Preferred and Trust Securities.” Payments to investors in respect of the Preferred and Trust Securities are funded by distributions on certain series of securities issued by Washington Mutual Preferred Funding LLC, one of our indirect subsidiaries, with similar terms to the relevant series of Preferred and Trust Securities, which we refer to as the “LLC Preferred Securities.”


But the exchange event happened and all were placed into class 19 (and class 22 ? from memory, not sure ...)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News