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CNB Financial redeems $50 million 5.75% fixed-to-floaters due 2026
By Marisa Wong
Los Angeles, Oct. 18 – CNB Financial Corp. announced it completed the redemption of all $50 million of its 5.75% fixed-to-floating-rate subordinated notes due Oct. 15, 2026.
The notes were redeemed at par plus accrued interest up to but excluding the redemption date.
The parent company of CNB Bank is based in Clearfield, Pa.
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