From GlobeNewswire: 2025-05-08 20:55:00

Wintrust Financial Corporation has priced an underwritten public offering of 17 million depositary shares for gross proceeds of $425 million. Each Depositary Share represents a 1/1,000th interest in a share of Wintrust’s 7.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series F. The net proceeds will be used for general corporate purposes, including the redemption of outstanding shares of Series D and/or Series E preferred stock. The offering is expected to close on May 22, 2025, and Wintrust intends to list the Depositary Shares on The Nasdaq Global Select Market. RBC Capital Markets is the sole book-running manager for the offering.



Read more at GlobeNewswire: Wintrust Financial Corporation Announces Pricing of $425