Camco in Ohio Extends Rights Offering Deadline

Camco Financial (CAFI) in Cambridge, Ohio, has extended its rights offering deadline by one day because of the effects of Hurricane Sandy.
 
Camco extended the deadline to Thursday because of the “impediments that this storm may have caused for our stockholders who are trying to submit their rights offering documents in a timely manner,” the $766 million-asset company said Wednesday.

Camco announced in July that it would raise as much as $10 million through a common shares rights offering to existing shareholders.
 
Hurricane Sandy blew through the Northeast earlier this week, causing power failures in at least 17 states and flooding in states such as New York and New Jersey.

For reprint and licensing requests for this article, click here.
Community banking
MORE FROM AMERICAN BANKER