Merchants Bancorp Enters Underwriting Agreement for Depositary Share Offering

On November 18, 2024, Merchants Bancorp (NASDAQ: MBIN) entered into an Underwriting Agreement with Morgan Stanley & Co. LLC, UBS Securities LLC, Piper Sandler & Co., and Raymond James & Associates, Inc. for the issuance of Depositary Shares. These shares represent a 1/40th ownership interest in Merchants’ 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred […]

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