In Brief: Bancorpsouth Unit Plans $75M Offering

In a Securities and Exchange Commission filing, Bancorpsouth said its Bancorpsouth Capital Trust I unit plans a $75 million offering of capital securities.

The trust is expected to invest the proceeds in junior subordinated debt securities issued by Bancorpsouth. Salomon Brothers Inc. and Keefe, Bruyette & Woods Inc. are managing the offering.

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