Posted In Fund VI

Enterprise Financial Services Corp Announces Exercise of Over-Allotment Option in Subordinated Notes Offering

  • Posted 05/20/2020
  • Castle Creek
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ST. LOUIS, Mo.–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company”), the holding company of Enterprise Bank & Trust (the “Bank”), today announced that the underwriters of its previously-announced public offering of 5.75% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”) have fully exercised their option to purchase an additional $8.25 million aggregate principal amount of Notes at the public CONTINUE READING >>

Enterprise Financial Services Corp Announces Pricing of Subordinated Notes Offering

  • Posted 05/18/2020
  • Castle Creek
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ST. LOUIS, Mo.–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company”), the holding company of Enterprise Bank & Trust (the “Bank”), today announced the pricing of its public offering of $55.0 million aggregate principal amount of 5.75% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”). The price to the public is 100% of the principal amount of the Notes. Interest CONTINUE READING >>

FDIC Terminates Consent Order Against Bancorp Bank

  • Posted 05/15/2020
  • Castle Creek
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Copyright © 2020, SNL Financial By Arra Francia The Federal Deposit Insurance Corp. notified Wilmington, Del.-based Bancorp Bank that it has lifted the consent order dated June 5, 2014, against the bank. The termination was effective May 14, according to the Form 8-K filing. The lifting of the consent order was related to the bank’s compliance with the Bank Secrecy Act and anti-money laundering and CONTINUE READING >>

Bank of Southern California, N.A. and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement

  • Posted 04/29/2020
  • Jennifer Lian
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SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 /PRNewswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020. Follow this link to continue reading this news story