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Cadence Bancorp in Houston has raised $245 million in an oversubscribed debt issuance.
July 10 -
MVB Financial (MVBF) in Fairmont, W.Va., has raised more than $37 million by issuing subordinated debt and selling preferred stock.
July 8
Capital Bancorp in Rockville, Md., has raised $5 million in senior debt financing.
The $547 million-asset company obtained the financing only through local investors and without institutional investors, it said in a Tuesday
"The level of interest and amount of funds available to us validates our growth strategy and financial performance," Ed Barry, chief executive, said in the release.
In July 2013, Capital
Capital has branches in Washington, D.C., Maryland and North Carolina.