Brief: First Internet Bancorp - Entered Into Subordinated Note Purchase Agreement

First Internet Bancorp

26/10/2020 22:25

Oct 26 (Reuters) - First Internet Bancorp  INBK.O :
    * FIRST INTERNET BANCORP - ENTERED INTO SUBORDINATED NOTE
PURCHASE
AGREEMENT
    * FIRST INTERNET BANCORP - PURSUANT TO NOTE PURCHASE
AGREEMENT, CO
ISSUED AND SOLD $10.0 MILLION OF 6.0% FIXED-TO-FLOATING RATE
SUBORDINATED NOTES DUE 2030
    * FIRST INTERNET BANCORP - INTENDS TO USE NET PROCEEDS FROM
OFFERING TO REDEEM EXISTING TERM NOTE OF $10.0 MILLION SCHEDULED
TO MATURE ON OCTOBER 1, 2025

Source text for Eikon: [ID: https://bit.ly/3ebmvxT]
Further company coverage:  INBK.O 

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