other material
confidence high
sentiment neutral
materiality 0.50
QCR Holdings extends subordinated note exchange offer to Dec 19; 91.7% tendered
QCR HOLDINGS INC
- Exchange offer for $45M Fixed-to-Floating Rate Subordinated Notes due 2032 extended to Dec 19, 2022.
- As of Dec 12, $41.25M (91.7%) of outstanding notes had been tendered for exchange.
- All other terms of the offer remain unchanged; Wilmington Trust is the exchange agent.
- Original offer expired Dec 12; extension allows remaining holders to participate.