Published on 4/3/2009 in the Prospect News Private Placement Daily.
New Issue: Bank of the James Financial Group sells $6.18 million 6% three-year notes
By Susanna Moon
Chicago, April 3 - Bank of the James Financial Group, Inc. sold $6.18 million of 6% notes due April 1, 2012 at par, according to an 8-K filing with the Securities and Exchange Commission.
The bank entered into note purchase agreements on March 30.
James F. Daly, the wife of Donald M. Giles, Donna S. Clark, and Richard R. Zechini will buy $1.7 million of the notes. The investors are directors and their affiliates.
| Issuer: | Bank of the James Financial Group, Inc.
|
| Issue: | Notes
|
| Amount: | $6.18 million
|
| Maturity: | April 1, 2012
|
| Coupon: | 6%
|
| Price: | Par
|
| Yield: | 6%
|
| Investors: | James F. Daly, the wife of Donald M. Giles, Donna S. Clark, and Richard R. Zechini for $1.7 million
|
| Pricing date: | March 30
|
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