◆ NeutralLOBLOBpA
Live Oak Bancshares, Inc. Prices Depositary Share Offering
GlobeNewswire Inc.·
Live Oak Bancshares announced the pricing of 4 million depositary shares of 8.750% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock with a $25 liquidation preference per share. The offering is expected to close on November 12, 2026, with net proceeds to support balance sheet growth and enhance the company's capital position. The depositary shares are expected to list on NYSE under symbol LOB/PB.
Read Full Article at GlobeNewswire Inc. →