Brief: Rbb Bancorp Announces Offering Of Subordinated Debt

RBB BANCORP

23/03/2021 14:57

March 23 (Reuters) - RBB Bancorp  RBB.O :
    * RBB BANCORP ANNOUNCES OFFERING OF SUBORDINATED DEBT
    * RBB BANCORP - PRICING OF PUBLIC OFFERING OF $120.0 MILLION
4.00%
FIXED-TO-FLOATING SUBORDINATED NOTES DUE 2031
    * RBB BANCORP - PRICE TO PUBLIC IS 100% OF PRINCIPAL AMOUNT
OF
NOTES
    * RBB BANCORP - INTENDS TO USE NET PROCEEDS OF OFFERING TO
REDEEM
ON MARCH 31, 2021 ITS $50.0 MILLION 6.5% FIXED-TO-FLOATING
SUBORDINATED NOTES DUE 2026

Source text for Eikon:  ID:nBw8y0kQ0a 
Further company coverage:  RBB.O 

 ((Reuters.Briefs@thomsonreuters.com;))