Banesco USA Completes Oversubscribed Private Placement of $15 Million in Subordinated Notes as the Florida-Based Community Bank Positions Itself for Growth ...Middle East

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Banesco USA Completes Oversubscribed Private Placement of $15 Million in Subordinated Notes as the Florida-Based Community Bank Positions Itself for Growth
CORAL GABLES, Fla., Dec. 29, 2020 /PRNewswire/ -- Banesco USA (the "Bank") announced today the completion of its private placement of $15.0 million of 5.50% Fixed to Floating Rate Subordinated Notes due 2030 (the "Notes") to qualified institutional buyers. The Notes will initially bear...

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