Susquehanna Redeems $50M of Trust Preferred Securities

Susquehanna Bancshares, Inc. (“Susquehanna”) SUSQ announced today that it has submitted a notice to the trustee for the redemption of all of the outstanding 11% Cumulative Trust Preferred Securities (CUSIP: 86910QAA8), having an aggregate liquidation amount of $50,010,000, that were issued by Susquehanna Capital II, an affiliated Delaware trust (the “Trust Preferred Securities”). Susquehanna has also submitted a notice to the trustee for the redemption of all of the outstanding 9.375% Capital Securities, Series I SUSQ(CUSIP: 86910P201), having an aggregate liquidation amount of $125,010,000, that were issued by Susquehanna Capital I, also an affiliated Delaware trust (the “Capital Securities”).