E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 1/4/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

ConnectOne redeems all 5.75% fixed-to-floating notes due 2025

By Cady Vishniac

Detroit, Jan. 4 – ConnectOne Bancorp, Inc. redeemed all of its $50 million subordinated fixed-to-floating rate notes due July 1, 2025 on Jan. 1, according to an 8-K filing with the Securities and Exchange Commission.

The notes were privately placed in 2015 with a coupon of 5.75% to July 1, 2020 and Libor plus 393 basis points thereafter.

ConnectOne is an Englewood Cliffs, N.J.-based bank holding company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.