Financing ·
Medallion Financial buys back $15M trust preferred securities for $11.2M
MBNKOMedallion Financial Corp
On October 21, 2026, Medallion Financial Corp. consummated the purchase of trust preferred securities from BIMIZCI Fund LLC and ZimCal Asset Management LLC. The company acquired the securities with a liquidation amount of $15,000,000 for an aggregate price of $11,163,231.48, which includes accrued distributions. This transaction represents a significant capital return to reduce outstanding liabilities. Medallion Financial Corp. operates in the specialty finance industry, providing consumer and small business lending services.