prmarks logo

VERSABANK ANNOUNCES REDEMPTION OF NON-CUMULATIVE SERIES 1 PREFERRED SHARES (NVCC)

News provide by
702Padmin
Sep 25, 2024, 4:00 AM PDT

Share this article

LONDON, ON, Sept. 25, 2024 /PRNewswire/ – VersaBank (TSX: VBNK) (“VersaBank” or the “Bank”) today announced its intention to redeem all outstanding Non-cumulative 5-Year Rate Reset Preferred Shares, Series 1 (Non-Viability Contingent Capital (NVCC)) (“Series 1 Preferred Shares”) of the…