Doral Financial Corporation to Hold Special Meeting of Preferred Stockholders to Elect Preferred Directors
Doral Financial (NYSE:DRL)
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Today : Saturday 28 May 2011
Doral Financial Corporation (NYSE: DRL) ("Doral Financial" or the "Company"), the holding company of Doral Bank and Doral Bank FSB, with operations in Puerto Rico and the U.S., today announced that it will hold a special meeting of the holders of the Company's Preferred Stock (the "Preferred Stockholders") on August 3, 2011 (the "Special Meeting"), at which holders of record of its 7.00% Non-cumulative Monthly Income Preferred Stock, Series A (the "Series A Preferred Stock"); 8.35% Non-cumulative Monthly Income Preferred Stock, Series B (the "Series B Preferred Stock"); 7.25% Non-cumulative Monthly Income Preferred Stock, Series C (the "Series C Preferred Stock" and, together with the Series A Preferred Stock and the Series B Preferred Stock, the "Non-Cumulative Preferred Stock") and 4.75% Perpetual Cumulative Convertible Preferred Stock (the "Cumulative Preferred Stock" and, together with the Non-Cumulative Preferred Stock
