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Prospect News home > News index > List of issuers Tenders > Headlines for 2017 > News item
Published on 1/6/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Carolina Bank redeems all $9.3 million subordinated floaters due 2018

By Wendy Van Sickle

Columbus, Ohio, Jan. 6 – Carolina Bank redeemed all of its outstanding floating-rate subordinated notes due Sept. 30, 2018 on Tuesday, according to an 8-K filing with the Securities and Exchange Commission.

The notes were redeemed at par plus accrued interest. The bank issued $9.3 million of the notes in 2008.

The issuer a wholly owned subsidiary of Greensboro, N.C.-based Carolina Bank Holdings Inc.


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