Isabella Bank Corporation Completes $30 Million Subordinated

Isabella Bank Corporation Completes $30 Million Subordinated Notes Offering

Isabella Bank Corporation (OTCQX:ISBA) today announced the completion of its private placement of $30.0 million in aggregate principal amount of 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031 (the "Notes") to various institutional investors (the "Offering"). The price for the Notes was 100% of the principal amount of the Notes. The Notes are intended to qualify as Tier 2 capital for regulatory purposes. The Corporation intends to utilize the net proceeds from the Offering for general c

Related Keywords

, Isabella Bank Corporation , Isabella Bank , The Corporation , Corporation , Principal Amount , Isabella Wealth , இசபெல்லா வங்கி நிறுவனம் , இசபெல்லா வங்கி , அவர் நிறுவனம் ,

© 2025 Vimarsana