Allstate preferred stock redemption
Allstate Announces Preferred Stock Redemptions We all knew it was coming and it has happened with Allstate announcing the redemption of 6.625% issues ALL-D, ALL-E and 6.25% ALL-F. When I say “we all knew it was coming” I am maybe speaking too broadly because the ALL-D 6.625% issue is trading at $26.76 and the ALL-F 6.25% issue is trading at $25.84. NORTHBROOK, Ill., Dec. 9, 2019 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today announced that on Jan. 15, 2020, it will redeem all of its outstanding Series A Preferred Stock at par for NORTHBROOK, Ill., Dec. 9, 2019 /PRNewswire/ -- The Allstate Corporation (ALL) today announced that on Jan. 15, 2020, it will redeem all of its outstanding Series A Preferred Stock at par for a total redemption payment of $287.5 million.