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Financial Institutions Inc. in Warsaw, N.Y., has filed to sell up to $100 million in debt and equity.
March 17 -
The $5.8 billion First Financial said in a press release Wednesday that it will pay $1.9 million in cash for 4Trust Mortgage in a deal that should close next month.
April 8 -
Hilltop Holdings in Lubbock, Texas, plans to issue $150 million in senior debt.
April 7
Financial Institutions Inc. in Warsaw, N.Y., has begun a $35 million debt offering to help fund growth.
The parent company of Five Star Bank will sell the subordinated debt in minimum denominations of $1,000, and the notes will mature in 2030, according to a Securities and Exchange Commission filing on Thursday. There will be no market for the debt, and the notes will be unsecured obligations.
Financial Institutions said in a press release announcing the debt offering that the proceeds will be used for corporate purposes, including contributing capital to Five Star, organic growth and potential acquisitions. The $3.1 billion-asset company had
