Ameris Bancorp to repay revolver debt with funds from new notes

By Marisa Wong

Morgantown, W.Va., March 6 – Ameris Bancorp plans to repay debt under its revolving credit agreement using proceeds from a notes offering.

The company plans to offer $75 million of 10-year fixed-to-floating subordinated notes, according to an FWP filing with the Securities and Exchange Commission.

Ameris is a Moultrie, Ga.-based bank holding company that conducts business primarily through Ameris Bank.

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