debt
confidence high
sentiment neutral
materiality 0.70
Eagle Bancorp issues $77.7M 10% Senior Notes due 2029; declares $0.165/share dividend
EAGLE BANCORP INC
- $77.7M aggregate principal of 10.00% Senior Notes due 2029 issued.
- Officers, directors, and employees purchased $3.865M of the notes.
- Net proceeds for general corporate purposes, may contribute to EagleBank subsidiary.
- Declared $0.165/share cash dividend, payable Oct 31 to holders of record Oct 21, 2024.
- Notes are unsecured senior obligations, not redeemable prior to maturity.