Heritage Commerce Corp Announces Completion of Subordinated Notes Offering
The Company intends to use the net proceeds of this offering for general corporate purposes, including the repayment of the Company’s outstanding 5.25% Fixed-To-Floating Rate Subordinated Notes due 2027 (“2027 Notes”) which have an initial call date of
Keefe, Bruyette & Woods, A Stifel Company, and PNC FIG Advisory, part of PNC Capital Markets LLC acted as co-placement agents for the offering.
On
Heritage Commerce Corp (HTBK), a bank holding company established in
Contact:
Deborah K. Rueter
Executive Vice President and Corporate Secretary
(408) 947-6900
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Image: Primary Logo
Source: Heritage Commerce Corp (HTBK)