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First Mid-Illinois wraps $25 million convertible preferreds sale
By Devika Patel
Knoxville, Tenn., Dec. 11 - First Mid-Illinois Bancshares, Inc. raised $25 million in a private placement of its non-cumulative perpetual convertible preferred stock on Dec. 11, according to an 8-K filed Thursday with the Securities and Exchange Commission.
First Mid-Illinois Bancshares is a Mattoon, Ill., financial holding company.
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