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The First Bancshares, Inc. Announces Extension of Exchange Offer
January 21, 2021 GMT
HATTIESBURG, Miss. (BUSINESS WIRE) Jan 21, 2021
The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or the “Company”), the holding company for The First, A National Banking Association, announced today that it has extended its offer to exchange any and all of the $65 million in aggregate principal amount of 4.25% Fixed-to-Floating Rate Subordinated Notes due 2030 that the Company issued in a private placement on September 25, 2020 (the “Old Notes”) for a like principal amount of subordinated notes with identical terms that have been registered under the Securities Act of 1933, as amended.