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The $7.2 billion-asset company will auction between $15 million and $35 million of senior notes, it announced Friday.
August 2 -
Increased stability among Georgia's banks also increases the odds of consolidation in the once-beleaguered state.
August 1 -
United Community Banks in Blairsville, Ga., reported a huge profit after a tax reversal allowed it to purge its balance sheet of bad loans.
July 25
United Community Banks (UCBI) in Blairsville, Ga., has completed its debt offering of almost $35 million.
The $7.2 billion-asset company auctioned $34.6 million in senior notes, it announced Monday. The notes carry an interest rate of 6%.
United Community plans to use the proceeds for general corporate purposes, including the possible repurchase or replacement of other debt.
The offering,
In July, United announced a
