COLUMBUS, Ohio, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) announced today the launch of an underwritten public offering of depositary shares (the “Depositary Shares”), each representing a 1/40th interest in a share of its Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Series A Preferred Stock”), with a liquidation preference of $25 per Depositary Share (equivalent to $1,000 per share of Series A Pref ...

Core Points - American National Group Inc. has completed the redemption of all 12,000 outstanding shares of its 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B, and the corresponding 12,000,000 depositary shares [1][2] - The redemption price for the depositary shares was set at $25.00 per share, totaling $300,000,000, plus any declared but unpaid dividends [1] - The company funded the redemption through the net proceeds from a previously announced sale of $500,000,000 aggregate principal amount of its 7.000% Fixed-Rate Reset Junior Subordinated Notes due 2055 [1] Summary of Actions - All rights related to the Series B Preferred Stock and depositary shares have ceased, except for the right to receive the redemption price [2] - Investors are advised to contact their banks or brokers for information on obtaining the redemption price [2] - The New York Stock Exchange has suspended trading of the depositary shares and filed for their delisting [3] Company Overview - American National Group Inc. offers a wide range of insurance products and services, including retail and institutional annuities, operating through subsidiaries across all 50 U.S. states, the District of Columbia, Puerto Rico, and Bermuda [4]

Core Viewpoint - The Bank of New York Mellon Corporation (BNY) announced the redemption of all outstanding shares of its Series G Noncumulative Perpetual Preferred Stock and corresponding depositary shares, with a redemption date set for September 20, 2025, and payment to be made on September 22, 2025 [1][2]. Group 1: Redemption Details - The redemption price for the Depositary Shares will be $1,000 per share, equivalent to $100,000 per share of Series G Preferred Stock [2]. - The Series G Preferred Stock and the Depositary Shares will no longer be considered outstanding after the redemption date, and dividends will cease to accrue [2][3]. Group 2: Company Overview - BNY is a global financial services company managing $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management as of June 30, 2025 [5]. - The company has been a partner to over 90% of Fortune 100 companies and nearly all top 100 banks globally, supporting governments and pension plans [5].

Core Viewpoint - American National Group Inc. will redeem all outstanding shares of its 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B, on October 6, 2025, affecting 12,000 shares and corresponding depositary shares [1][2]. Group 1: Redemption Details - The redemption price for the Depositary Shares will be $25.00 per share, plus any declared but unpaid dividends and a portion of the quarterly dividend for the current period [2]. - The redemption will be executed through The Depository Trust Company (DTC), with Computershare Inc. acting as the redemption agent [3]. - Upon redemption, all rights related to the Series B Preferred Stock and Depositary Shares will cease, except for the right to receive the redemption price [4]. Group 2: Delisting and Deregistration - Following the redemption, the Company plans to delist the Depositary Shares from the New York Stock Exchange (NYSE) and deregister them with the Securities and Exchange Commission (SEC) [5]. - The Company will file a notification of removal from listing and registration on Form 25 with the SEC, and intends to file a certification on Form 15 for termination of registration [5]. Group 3: Company Overview - American National Group Inc. provides a wide range of insurance products and services through its subsidiaries, operating across all 50 U.S. states [6].

Core Viewpoint - AGNC Investment Corp. has announced a public offering of 12 million depositary shares, aiming to raise $300 million for various investments and corporate purposes [1][2]. Group 1: Offering Details - The offering consists of 12,000,000 depositary shares priced at $25.00 each, representing a 1/1,000th interest in the Company's 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock [1]. - The underwriters have a 30-day option to purchase an additional 1,800,000 depositary shares to cover overallotments [1]. - The offering is expected to close around September 10, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to finance the acquisition of Agency and non-Agency securities, real estate-related assets, hedging instruments, and for general corporate purposes [2]. Group 3: Management and Registration - The offering is managed by a consortium of financial institutions including Morgan Stanley, Goldman Sachs, and J.P. Morgan, among others [3]. - The offering is made under AGNC's existing effective shelf registration statement filed with the SEC [4]. Group 4: Company Background - AGNC Investment Corp. is a leading investor in Agency residential mortgage-backed securities, leveraging financing primarily through repurchase agreements [6]. - The company has a history of providing substantial monthly dividend income, with over $14 billion in common stock dividends paid since its inception [7].

Core Viewpoint - Argo Group International Holdings, Inc. announced the redemption of all outstanding shares of its 7.00% Resettable Fixed Rate Preferred Stock, Series A, and its 6.500% Senior Notes due September 15, 2042, on September 15, 2025, as part of a strategic financial move [1]. Preferred Redemption - The redemption price for the Depositary Shares will be $25.00 per share, plus any declared and unpaid dividends, and the portion of the quarterly dividend attributable to the current period that has not been declared and paid [2]. - Upon completion of the Preferred Redemption, no Series A Preferred Stock or Depositary Shares will remain outstanding, and all rights related to them will cease, except for the right to receive the Preferred Redemption Price [4]. Notes Redemption - The Notes will be redeemed at 100% of their principal amount plus accrued and unpaid interest up to the Redemption Date [5]. - After the Redemption Date, interest on the Notes will cease to accrue [5][7]. Payment and Procedures - Payments for the Depositary Shares will be made by Equiniti Trust Company, LLC, the Company's redemption agent, following the procedures of The Depository Trust Company [3]. - Payments for the Notes will be made by Computershare Trust Company, N.A., as trustee, in accordance with the governing terms [6]. Delisting and Deregistration - Following the Redemption, the Company plans to delist the Depositary Shares and the Notes from the New York Stock Exchange and to deregister them with the Securities and Exchange Commission [9].

Core Points - Wintrust Financial Corporation will redeem all shares of its Series D and Series E Preferred Stock on July 15, 2025, at a price of $25.00 per share for Series D and $25,000 per share for Series E [1][2] - The redemptions will be funded by net proceeds from a public offering of Series F Preferred Stock completed on May 22, 2025 [1] - Regular quarterly dividends will be paid on the Redemption Date to holders of record as of July 1, 2025, but the redemption price will not include any accrued and unpaid dividends [3] Company Overview - Wintrust is a financial holding company listed on the NASDAQ Global Select Market, operating over 200 retail banking locations through 16 community bank subsidiaries across several states [5] - The company provides a range of services including residential mortgage origination, wealth management, and commercial financing [5]

Core Viewpoint - Comerica Incorporated announced the redemption of all outstanding shares of its 5.625% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, along with the corresponding depositary shares, effective July 1, 2025 [1][2]. Group 1: Redemption Details - The redemption will occur at a price of $1,000 per Depositary Share, which is equivalent to $100,000 per share of Preferred Stock [2]. - The redemption price does not include any declared and unpaid dividends, which will be paid separately on the same date [2]. - All regulatory requirements for the redemption have been satisfied, and the process will follow the applicable procedures of The Depository Trust Company [3]. Group 2: Company Overview - Comerica is a financial services company headquartered in Dallas, Texas, operating through three business segments: The Commercial Bank, The Retail Bank, and Wealth Management [5]. - As one of the 25 largest commercial U.S. financial holding companies, Comerica has a significant presence across multiple states and services major metropolitan areas [5]. - The company reported total assets of $77.6 billion as of March 31, 2025 [5].

Core Viewpoint - Athene Holding Ltd. will redeem all outstanding shares of its 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series C, along with the corresponding depositary shares on June 30, 2025 [1][2]. Group 1: Redemption Details - The Series C Preferred Stock will be redeemed on the upcoming dividend payment date, with all 24,000,000 depositary shares being redeemed [2]. - The redemption price for the depositary shares is set at $25.00 per share, equivalent to $25,000 per share of Series C Preferred Stock [3]. - No further dividends will be declared or paid following the redemption date, and the regular quarterly dividend will be paid separately to holders of record on June 15, 2025 [3]. Group 2: Company Overview - Athene is a leading retirement services company with over $380 billion in total assets as of March 31, 2025, and operates in the United States, Bermuda, Canada, and Japan [5]. - The company focuses on providing financial security through a range of retirement income and savings products, also serving as a solutions provider to corporations [5].

Core Viewpoint - First Busey Corporation successfully closed a public offering of 8,600,000 depositary shares, raising approximately $207.48 million, which will enhance its capital structure and support future growth initiatives [1]. Group 1: Offering Details - The public offering included 8,600,000 depositary shares, with each share representing a 1/40th ownership interest in a share of 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock [1]. - The liquidation preference for each share is $1,000, equivalent to $25.00 per depositary share [1]. - The offering was managed by Piper Sandler & Co., Morgan Stanley & Co. LLC, and Keefe, Bruyette & Woods, Inc. as joint bookrunning managers [2]. Group 2: Financial Profile - As of March 31, 2025, First Busey Corporation had total assets of $19.46 billion [4]. - Busey Bank, a wholly-owned subsidiary, reported total assets of $11.98 billion [5]. - CrossFirst Bank, another subsidiary, had total assets of $7.45 billion and is set to merge with Busey Bank on June 20, 2025 [6]. Group 3: Wealth Management and Technology Services - Busey Bank's Wealth Management division manages assets totaling $13.68 billion, offering a range of services including asset management and tax preparation [7]. - FirsTech, a subsidiary of Busey Bank, specializes in financial technology solutions for small and medium-sized businesses, providing various payment technology services [8]. Group 4: Recognition and Awards - Busey was ranked 88th among America's Best Banks by Forbes in 2025 and received multiple accolades for being a great workplace [9].