The company said it filed a Certificate of Designations with the Delaware Secretary of State on March 7, 2025 to establish the preferences, limitations and relative rights of the Series J Preferred Stock, and that it became effective upon filing.

1. 01

   The company said it filed a Certificate of Designations with the Delaware Secretary of State on March 7, 2025 to establish the preferences, limitations and relative rights of the Series J Preferred Stock, and that it became effective upon filing.

2. 02

   The company said that, upon issuance of its Series J Noncumulative Perpetual Preferred Stock on March 10, 2025, the liquidation preference per share will be $100,000 and the par value per share will be $0.01.

3. 03

   The company said that if it does not declare and pay, or set aside, dividends on the Series J Preferred Stock for the last preceding dividend period, its ability to declare or pay dividends on, or purchase, redeem or otherwise acquire, its common stock and other junior shares will be restricted.

4. 04

   The company said it entered into an underwriting agreement with underwriters including Deutsche Bank Securities Inc. on March 3, 2025. The agreement relates to the public offering of 500,000 depositary shares, each representing a 1/100 interest in a share of Series J Preferred Stock.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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