Amerant Bancorp closes USD 50 million senior notes offering due 2031
AMTB•Amerant Bancorp closes senior notes offering
- Amerant Bancorp closed a registered offering of USD 50 million 7.00% Senior Notes due 2031.
- Proceeds earmarked for general corporate purposes, including funding Amerant Bank growth, debt repayment, stock buybacks.
- Notes pay 7.00% interest semi-annually starting March 17, 2027; maturity set for Sept. 17, 2031.
