Western Alliance Bancorporation 3.0% 15-JUN-2031Western Alliance Bancorporation 3.0% 15-JUN-2031Western Alliance Bancorporation 3.0% 15-JUN-2031

Western Alliance Bancorporation 3.0% 15-JUN-2031

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Key terms


Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.00% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
4.29%
Maturity date
Jun 15, 2031
Term to maturity
6 years

About Western Alliance Bancorporation 3.0% 15-JUN-2031


Sector
Finance
Industry
Regional Banks
Issue date
Jun 7, 2021
FIGI
BBG011B7QS26
Western Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. It operates through the following business segments: Commercial, Consumer Related, and Corporate and Other. The Commercial segment focuses on delivering commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. The Consumer Related segment provides commercial banking services to enterprises in consumer-related sectors and consumer banking services. The Corporate and Other segment represents the company's investment portfolio, corporate borrowings and other related items, income and expense items. The company was founded in 1995 and is headquartered in Phoenix, AZ.
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