Doral Financial Announces Preferred Stock Exchange Offer
SAN JUAN, PR–(Marketwire – February 11, 2010) – Doral Financial Corporation ( NYSE : DRL ) (“Doral” or the “Company”), the holding company of Doral Bank, today filed with the Securities and Exchange Commission (SEC) an offer to exchange up to 16,500,000 shares of its common stock for issued and outstanding shares of its 7.00% Noncumulative Monthly Income Preferred Stock, Series A (“Series A …
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SAN JUAN, PR–(Marketwire – February 11, 2010) – Doral Financial Corporation ( NYSE : DRL ) (“Doral” or the “Company”), the holding company of Doral Bank, today filed with the Securities and Exchange Commission (SEC) an offer to exchange up to 16,500,000 shares of its common stock for issued and outstanding shares of its 7.00% Noncumulative Monthly Income Preferred Stock, Series A (“Series A …

Read more on Marketwire

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