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The First Bancshares, Inc. Announces Extension of Exchange Offer


Press release content from Business Wire. The AP news staff was not involved in its creation.
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. ....

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