DENVER, Aug. 22, 2014 /PRNewswire/ -- CoBank, a
cooperative bank serving agribusinesses, rural infrastructure
providers and Farm Credit associations throughout the United States, today announced that it
will redeem all of its issued and outstanding shares of Series D
Non-Cumulative Perpetual Preferred Stock, Par Value $50 Per Share ("Preferred Stock") on October 1, 2014.
The Preferred Stock will be redeemed at a redemption price of
$50 together with accrued and unpaid
dividends to but not including the redemption date (less any
applicable tax withholding as required by law). The
redemption and paying agent for the redemption is American Stock
Transfer & Trust Company, LLC ("AST").
For more information, holders of the securities may contact AST
at (877) 248-6417 or (718) 921-8317 or write to AST at American
Stock Transfer & Trust Company, LLC, Shareholder Services
Department, 6201 15th Avenue, Brooklyn, New York 11219.
About CoBank
CoBank is a $101 billion
cooperative bank serving vital industries across rural America. The
bank provides loans, leases, export financing and other financial
services to agribusinesses and rural power, water and
communications providers in all 50 states. The bank also provides
wholesale loans and other financial services to affiliated Farm
Credit associations serving farmers, ranchers and other rural
borrowers in 23 states around the country.
CoBank is a member of the Farm Credit System, a nationwide
network of banks and retail lending associations chartered to
support the borrowing needs of U.S. agriculture and the nation's
rural economy.
Headquartered outside Denver,
Colorado, CoBank serves customers from regional banking
centers across the U.S. and also maintains an international
representative office in Singapore.
For more information about CoBank, visit the bank's web site at
www.cobank.com.
SOURCE CoBank