Ambassador Financial Group, Inc. Announces $8 Million Private Placement of Subordinated Debt on Behalf of Nicolet Bankshares, Inc.
(firmenpresse) - ALLENTOWN, PA -- (Marketwired) -- 02/19/15 -- today announced the successful completion of an $8 million private placement of subordinated notes for Nicolet Bankshares, Inc. (OTCQB: NCBS), headquartered in Green Bay, Wisconsin, in which it served as the exclusive placement agent. The interest bearing notes, placed with accredited institutional investors, have a maturity date of February 17, 2025, carry a 5% interest rate, to be paid quarterly, with a right of prepayment on or after February 17, 2020.
Jacob Eisen, Ambassador''s Head of Capital Markets, stated: "We were pleased to assist Nicolet Bankshares with this private placement of debt to enhance and diversify the Company''s capital structure. The investor response was very positive, and the success of the offering reflected a close working relationship with the Company and strong support from Ambassador''s extensive network of bank investor relationships."
Ambassador Financial Group, Inc. provides investment banking, capital markets, and balance sheet management services to a growing number of banks and thrifts in the United States. The company also provides an extensive suite of investor relations services to its financial institutional clients. Over the past few years, Ambassador Financial Group''s successes include:
Nicolet Bankshares, Inc. (WI) $8 million private placement of subordinated debt
Carroll Bancorp (MD) $5.1 million private placement
Riverview Financial Corporation (PA) $7.8 million proposed acquisition of Citizens Bank of Meyersdale
Farmers and Merchants Bancorp of Western Pennsylvania''s (PA) merger with Nextier Inc. (PA).
FNBM Financial Corp. (PA) $13.4 million proposed acquisition by GNB Financial Services, Inc. (PA)
Sturdy Savings Bank (NJ) proposed acquisition of seven branches from Sun Bancorp, Inc. (NJ)
Franklin Security (PA) $16 million acquisition by ESSA Bancorp (PA)
First Choice Bank''s (NJ) acquisition of Vantage Point Bank (PA).
ESSA Bancorp''s (PA) branch acquisition from First National Community Bancorp (PA).
Haven Bancorp (NJ) $27 million acquisition of Hilltop Community (NJ)
Riverview Financial Corporation (PA) consolidation of Union Bancorp (PA)
MVB Financial Corporation (WV) $19 million acquisition of Potomac Mortgage Group, LLC (VA)
NBT Bancorp (NY) $233 million acquisition of Alliance Financial Corporation (NY)
Old Line Bancorp (MD) $49 million acquisition of WSB Holdings (MD)
ESSA Bancorp (PA) $24 million acquisition of First Star Bancorp (PA)
Capital Bank (MD) branch sale to DNB First, NA (PA)
, a FINRA registered broker-dealer, headquartered in Allentown, PA, offers a comprehensive suite of strategic, customized solutions to community banks and thrifts nationwide, including balance sheet management, investment banking, investor relations, and capital markets services.
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Datum: 19.02.2015 - 08:56 Uhr
Sprache: Deutsch
News-ID 1338519
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