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CHS Prices $450 Million Public Offering Of Preferred Stock

2015-01-19 13:19:29| Agriculture - Topix.net

CHS PRICES $450 MILLION PUBLIC OFFERING OF PREFERRED STOCK Jan. 19, 2015 Source: CHS news release CHS Inc. today announced the pricing on Jan. 13, 2015, of 18,000,000 shares of Class B Cumulative Redeemable Preferred Stock, Series 4 with a dividend rate of 7.500% per annum and a liquidation preference of $25.00 per share. The offering is expected to close on or about Jan. 21, 2015, subject to the satisfaction of customary closing conditions.

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