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Capital Structure
3 Months Ended
Mar. 31, 2014
Capital Structure  
Capital Structure

10.  Capital Structure

 

Preferred stock

 

In March 2014, the Company issued 29,900 shares of 6.625% Noncumulative Perpetual Preferred Stock, Series E, with a $1.00 par value per share and a liquidation preference of $25,000 per share, for gross proceeds of $747.5 million.  The proceeds of this issuance were used for general corporate purposes.