Farmer mac prices $125 million of series g preferred stock

Washington, may 20, 2021 /prnewswire/ -- the federal agricultural mortgage corporation (farmer mac; nyse: agm and agm.a) today announced that it has agreed to issue $125 million of tier 1 capital through the public offering of 4.875% non-cumulative perpetual series g preferred stock, par value $25.00 per share. the preferred stock offering is expected to close on may 27, 2021, subject to customary closing conditions.
AGM Ratings Summary
AGM Quant Ranking