First Republic Bank (FRC) in San Francisco expects to raise up to $400 million through a debt offering.

The $44 billion-asset bank said that it will use the proceeds for corporate purposes, which may include funding loans or purchasing investment securities.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.