Fitch Expects to Rate Stifel's $75MM Preferred Stock Issuance 'B+(EXP)'

CHICAGO---- Fitch Ratings expects to rate Stifel Financial Corp.' s $75 million preferred stock issuance' B+'. The preferred stock is expected to be subordinated to existing unsecured debt but senior to common units. The hybrid instrument is expected to be rated five notches lower than Stifel's Viability Rating of' bbb', in accordance with Fitch's' Global Bank Rating...