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Business News • MarketWire • BofI Holding, Inc. Announces Mandatory Conversion of 6.0% Series B Non-Cumulative Perpetual Convertible Preferred Stock

BofI Holding, Inc. Announces Mandatory Conversion of 6.0% Series B Non-Cumulative Perpetual Convertible Preferred Stock
BofI Holding, Inc. Announces Mandatory Conversion of 6.0% Series B Non-Cumulative Perpetual Convertible Preferred Stock

SAN DIEGO, CA--(Marketwire - Aug 31, 2012) - BofI Holding, Inc. (NASDAQ: BOFI), parent company of BofI Federal Bank (the "Company"), announced today that it will exercise its right to mandatorily convert all outstanding shares of its 6.0% Series B Non-cumulative Perpetual Convertible Preferred Stock ("Preferred Stock") into Common Stock, par value $.01 per share ("Common Stock"), of the Company. The mandatory conversion date will be September 11, 2012 ("Mandatory Conversion Date").

View More : http://www.marketwire.com/mw/release.do?id=1696635&sourceType=3
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BofI Holding, Inc. Announces Mandatory Conversion of 6.0% Series B Non-Cumulative Perpetual Convertible Preferred Stock
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