First Horizon National Corp (FHN) issued its second publicly traded preferred share a couple of weeks ago with the issuance of Series E 6.5% Non-Cumulative Preferred shares. The issuance comes during several financial companies using the preferred market to raise capital. Before deciding on investing in a new preferred issuance, investors should understand the nature of the specific preferred security and the company offering it.
Symbol: FHNCL (OTC), FHN-PE (on NYSE by June 22 nd)
Company Name: First Horizon National Corp
Sector: Banking
Call Price: $25 per share
Call Date: 10/10/2025