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First Bank Statutory Trust calls $15 million of securities at par
By Susanna Moon
Chicago, Dec. 1 – First Bank Statutory Trust called $15 million of its capital securities.
The securities will be redeemed on Dec. 31 at a liquidation value of par per $1,000 security, according to two separate notices of partial redemption.
The issuer called $450,000 of securities in one notice and $14.55 million in the other.
The issuer also will pay accrued distributions.
The amended declaration of trust is dated March 20, 2003.
U. S. Bank NA is the institutional trustee.
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