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MidSouth calls all $7 million floaters, $217,000 common securities
By Tali Rackner
Norfolk, Va., July 17 – MidSouth Bancorp, Inc., Statutory Trust I called all $7 million of its floating-rate capital securities and $217,000 of common securities with liquidation values of $1,000 per security, according to two notices.
The securities will be redeemed at 103.57 plus accrued interest on Aug. 22.
U.S. Bank NA is the institutional trustee.
MidSouth Bancorp, Inc. is based in Lafayette, La., and offers banking services to commercial and retail customers.
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