Renasant markets fixed-to-floating subordinated notes due 2026, 2031

By Cristal Cody

Eureka Springs, Ark., Aug. 17 – Renasant Corp. intends to price an offering of fixed-to-floating rate subordinated notes due 2026 and 2031 (Kroll: BBB), according to 424B5 filings with the Securities and Exchange Commission on Wednesday.

Sandler O’Neill + Partners, LP is the lead bookrunner, and Keefe, Bruyette & Woods is the passive bookrunner. The co-manager is Raymond James.

Proceeds will be used for general corporate purposes.

Renasant is the parent company of Tupelo, Miss.-based Renasant Bank.

© 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.