Preferred Stock
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(1) The Company may redeem series of preferred stock on or after the first call date, in whole or in part, at its option, at the liquidation preference plus any accumulated and unpaid dividends.
(2) Each depositary share represents 1/1,000th of an interest in a share of the Company's 7.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
(3) Three-Month LIBOR for the dividend period from April 15, 2023 to July 14, 2023 is 5.26029% per annum. As a result, the dividend rate for the dividend period ending July 14, 2023 is 10.37129% per annum.
(4) Each depositary share represents 1/1,000th of an interest in a share of the Company's 6.875% Series D Fixed-to-Floating Cumulative Rate Redeemable Preferred Stock.
(5) The Series D Depositary Shares will accrue dividends from and including the original issue date to (but excluding) April 15, 2024 at a fixed rate of 6.875% per annum and, from and including April 15, 2024, at a floating rate equal to the Three-Month LIBOR plus a spread of 4.332% per annum.
(6) Each depositary share represents 1/1,000th of an interest in a share of the Company's 6.50% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
(7) The Series E Depositary Shares will accrue dividends from and including the original issue date to (but excluding) October 15, 2024 at a fixed rate of 6.50% per annum and, from and including October 15, 2024, at a floating rate equal to the Three-Month LIBOR plus a spread of 4.993% per annum.
(8) Each depositary share represents 1/1,000th of an interest in a share of the Company's 6.125% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
(9) The Series F Depositary Shares will accrue dividends from and including the original issue date to (but excluding) April 15, 2025 at a fixed rate of 6.125% per annum and, from and including April 15, 2025, at a floating rate equal to the Three-Month LIBOR plus a spread of 4.697% per annum.
(10) Each depositary share represents 1/1,000th of an interest in a share of the Company's 7.75% Series G Fixed-Rate Reset Cumulative Redeemable Preferred Stock.
(11) The Series G Depositary Shares will accrue dividends from and including the original issue date to (but excluding) October 15, 2027 at a fixed rate of 7.75% per annum. From and including October 15, 2027, the dividend rate will reset during each reset period at a fixed rate equal to the five year U.S. Treasury Rate plus a spread of 4.39% per annum.
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