Nasdaq

First Bank Completes $35 Million Subordinated Debt Offering to Enhance Capital Base

First Bank announced the successful closing of a $35.0 million private placement of subordinated notes to enhance its capital base and redeem existing debt. The fixed-to-floating rate notes will ...
Euromoney

Subordinated debt: Investor demand swamps bank capital

If any evidence were needed that the chase for yield is alive and well and headed further down the capital structure it came with Crédit Agricole’s debut AT1 trade in late January. The French bank ...
Houston Chronicle

(PRN) Huntsman to Issue Senior Subordinated Notes

Company to Use Net Proceeds to Redeem More Expensive Debt THE WOODLANDS, Texas, Oct. 30 /PRNewswire-FirstCall/ -- Huntsman International LLC, a wholly owned ...
Business Wire

WSFS Financial Corp.’s A- Senior Unsecured Debt Rating Affirmed with Stable Outlook by KBRA, Reflecting Strong Earnings, Liquidity, Capital and Diversified Fee Revenue

WILMINGTON, Del.--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA ...
Reuters

EU countries to be allowed to grant subordinated debt to virus-hit firms - sources

BRUSSELS (Reuters) - EU countries will soon be able to grant subordinated debt to prop up virus-hit economies, people familiar with the matter said on Saturday, as state aid regulators once again ...
Morningstar

WSFS Financial Corp.’s A- Senior Unsecured Debt Rating Affirmed with Stable Outlook by KBRA, Reflecting Strong Earnings, Liquidity, Capital and Diversified Fee Revenue

WSFS Financial Corp.’s A- Senior Unsecured Debt Rating Affirmed with Stable Outlook by KBRA, Reflecting Strong Earnings, Liquidity, Capital and Diversified Fee Revenue Kroll Bond Rating Agency (KBRA) ...