WTFC - Wintrust Financial Corp.: A New 6.875% Fixed-Rate Reset Preferred Stock IPO
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Introduction
After OceanFirst Financial Corp's new preferred stock, OCFCP, was the first exchange-traded fixed-income security issued after the COVID-19 crisis, a few more companies followed its example, releasing their new preferred stock offerings. Wintrust Financial Corporation (WTFC) is one of these companies, issuing its new fixed-reset rate