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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 11/3/2021 in the Prospect News Liability Management Daily and Prospect News Private Placement Daily.

MainStreet Bancshares to redeem 6¼% fixed-to-floaters due 2026

By Rebecca Melvin

Concord, N.H., Nov. 3 – MainStreet Bancshares, Inc. announced it is redeeming its 6¼% fixed-to-floating subordinated notes due 2026 on Dec. 31, according to an 8-K filed with the Securities and Exchange Commission.

There are $11.4 million of the subordinated notes remaining outstanding.

They will be redeemed at par plus accrued interest to the redemption date.

MainStreet is a Fairfax, Va.-based bank holding company.


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