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Independent Bank to redeem $30 million 5% fixed-to-floaters due 2027
By Mary-Katherine Stinson
Lexington, Ky., Feb. 28 – Independent Bank Group, Inc. will redeem its outstanding $30 million 5% fixed-to-floating-rate subordinated notes due Dec. 31, 2027, according to an 8-K filing with the Securities and Exchange Commission.
The notes will be redeemed on March 31 at par plus accrued interest.
Computershare Trust Co., NA is the trustee.
Independent Bank is a McKinney, Tex.-based bank holding company.
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