debt
confidence high
sentiment neutral
materiality 0.45
Investar Holding to redeem $18.6M of 6.00% subordinated notes due 2027 on June 30
Investar Holding Corp
- Principal amount $18.6M of 6.00% Fixed-to-Floating Subordinated Notes due 2027 to be redeemed at 100% plus accrued interest.
- Redemption date June 30, 2022; interest ceases after that date.
- Redemption funded by proceeds from April 2022 issuance of 5.125% subordinated notes due 2032.