Amerant Bancorp Inc. Announces Offering of Senior Notes Due 2031
Amerant Bancorp Inc. announced the commencement of a registered public offering of senior notes due 2031. The notes will be unsecured and unsubordinated, ranking equally with the Company's existing and future unsecured and unsubordinated indebtedness, and senior in right of payment to all subordinated indebtedness.
Why it matters — AMTB watchers would care because the company is raising debt capital through a senior notes offering, a development that affects its funding and capital structure.