Amerant Bancorp Inc. (AMTB) News & EventsAMTBAmerant Bancorp Inc.

Amerant Bancorp Prices $50M Senior Notes Offering

AMERANT BANCORP announced the pricing of its previously announced registered offering of senior notes due 2031. The Notes will be for an aggregate principal amount of $50M. The Notes will bear interest at 7.00% per annum, payable semi-annually in arrears on March 17 and September 17 of each year, commencing on March 17, 2027 and ending on the earlier of the optional redemption date or the maturity date. The Notes will be unsecured and unsubordinated, will rank equally in priority among themselves and with all of the Company's other existing and future unsecured and unsubordinated indebtedness, and will be senior in right of payment to all of the Company's existing and future subordinated indebtedness. The Notes will mature on September 17, 2031. The offering is expected to close on September 17, subject to customary closing conditions. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include working capital, providing capital to support the organic growth of Amerant Bank, N.A., the Company's wholly-owned bank subsidiary, repaying outstanding indebtedness, and repurchasing shares of the Company's Class A common stock under its stock repurchase program. Raymond James & Associates, Inc. is serving as the sole book-running manager for the offering.

AMERANT BANCORP Commences Offering of Senior Notes Due 2031

AMERANT BANCORP announced the commencement of a registered public offering of senior notes due 2031. The Notes will be unsecured and unsubordinated, will rank equally in priority among themselves and with all of the Company's other existing and future unsecured and unsubordinated indebtedness, and will be senior in right of payment to all of the Company's existing and future subordinated indebtedness. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include working capital, providing capital to support the organic growth of Amerant Bank, N.A., the Company's wholly-owned bank subsidiary, repaying outstanding indebtedness, and repurchasing shares of the Company's Class A common stock under its stock repurchase program. Raymond James & Associates, Inc. will act as the sole book-running manager for the proposed offering.

Amerant Bancorp Files $300M Mixed Securities Shelf

Amerant Bancorp files $300M mixed securities shelf