Star National Bank, a subsidiary of Star Banc Corp., has issued $100 million of 10-year subordinated notes. The noncallable issue was priced to yield 6.726%, or 67 basis points over comparable Treasury securities.

Ratings analyst David Martin at Fitch Investors Service said that proceeds would be used to fund Star Banc Finance Inc., which has previously been financed by the parent company's commercial paper program.

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