Brief: The First Bancshares, Inc. announces redemption of CDCI preferred stock

First Bancshares (Mississippi)

07/12/2016 22:59

Dec 7 (Reuters) - First Bancshares Inc  FBMS.O : 
    * First Bancshares -in connection with repurchase of cdci 
preferred stock, co entered into loan agreement with first 
tennessee bank national association 
    * First Bancshares Inc - maturity date of agreement is 
december 5, 2017 
    * First Bancshares Inc - agreement provides for a $20 
million revolving line of credit by lender to company. 
    * The First Bancshares, Inc. Announces redemption of CDCI 
preferred stock and establishment of holding company line of 
credit with first tennessee bank 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nBwcdzv7Sa 
Further company coverage:  FBMS.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))