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Fitch Expects to Rate Wintrust's Ser D Non-Cumulative Perpetual Pfd Stock 'B+'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to assign a 'B+' rating to Wintrust Financial Corp.'s (WTFC) $125 million Series D non-cumulative perpetual preferred stock issuance. Dividends will be payable at a fixed rate of 6.50% per annum from the original issue date to, but excluding, July 15 , 2025 and thereafter at a floating rate of three-month LIBOR plus a spread of 4.06% per annum. The proceeds will be used for general corporate purposes, which may include, investments at the holding

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