By Aleesia Forni
Virginia Beach, Jan. 31 - Texas Capital Bank NA priced $175 million of 5.25% subordinated tier 2 notes due 2026, according to an 8-K filing with the Securities and Exchange Commission.
Joint bookrunners were Deutsche Bank Securities Inc., U.S. Bancorp Investments Inc. and Macquarie Capital (USA) Inc.
Proceeds will be used for general corporate purposes.
Texas Capital is based in Dallas.
| Issuer: | Texas Capital Bank NA
|
| Amount: | $175 million
|
| Description: | Subordinated tier 2 notes
|
| Maturity: | 2026
|
| Bookrunners: | Deutsche Bank Securities Inc., U.S. Bancorp Investments Inc., Macquarie Capital (USA) Inc.
|
| Coupon: | 5.25%
|
| Trade date: | Jan. 28
|
| Settlement date: | Jan. 31
|
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