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Washington Federal, Inc. Announces Pricing of $300,000,000 Depositary Shares Offering
February 2, 2021 GMT
SEATTLE (BUSINESS WIRE) Feb 1, 2021
Washington Federal, Inc. (NASDAQ: WAFD) (“Washington Federal”) today announced the pricing of a public offering of 12,000,000 depositary shares, each representing 1/40th ownership interest in a share of its 4.875% fixed rate non-cumulative perpetual preferred stock, Series A, at an aggregate offering price to the public of $300,000,000. Each share of preferred stock has a liquidation preference of $1,000 per share, equivalent to $25.00 per depositary share. The offering is expected to close on February 8, 2021, subject to customary closing conditions.