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Non-Tech : Income Investing

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From: brehm2338/5/2025 6:18:50 PM
1 Recommendation

Recommended By
KEN2CWL

   of 52048
 
to be CMA-B

Texas banker Comerica (CMA) has priced their new issue of fixed-rate reset preferred with an initial coupon of 6.875%–which will remain fixed until 10/1/2030 at which time it will reset to the 5 year Treasury rate plus a fixed spread of 3.125% for the next 5 years.
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