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Amerant Bancorp intends to sell five-year senior notes
By James McCandless
San Antonio, June 16 – Amerant Bancorp Inc. plans to price an offering of $1,000-par senior notes due June 2025, according to an FWP filing with the Securities and Exchange Commission.
Raymond James & Associates, Inc. is the bookrunner.
Coupons are payable semiannually.
The notes are redeemable within three months of the maturity date at par.
Amerant plans to use the proceeds for general corporate purposes.
The company does not plan to list the notes on any securities exchange.
Amerant is a Coral Gables, Fla.-based bank holding company.
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