Premier Financial Corp. Announces Pricing of $50 Million of Fixed-to-Floating Rate Subordinated Notes

Author's Avatar
Sep 26, 2020
Article's Main Image

Premier Financial Corp. (NASDAQ: PFC) (“Premier” or the “Company”) announced today that it has priced its offering of $50.0 million aggregate principal amount of 4.00% fixed-to-floating rate subordinated notes due 2030 (the “Notes”) in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended (the “Securities Act”). The sale of the Notes is subject to customary closing conditions and is expected to close on September 30, 2020.