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Sandy Spring Bancorp FFLR% 2029-11 USD

Posted by InvestopoliNews on November 4, 2019 18:05 CET

New bond issue: Sandy Spring Bancorp (NASDAQ:SASR) issued new debt notes (US800363AB92, 800363AB9) for 175M USD as of October 29, 2019. Tradable at TRACE OTC as of October 29, 2019.

Sandy Spring Bancorp is an American financial company. It is the holding of Sandy Spring Bank. It is based in Olney, Maryland, United States.

IssuerSandy Spring Bancorp
Stock (Group)NASDAQ:SASR
Bond TypeCorporate
CategorySubordinated, SEC Registered, Callable
Maturity DateNovember 15, 2029
Residual Duration8 years, 9 months, 23 days
CurrencyUSD (United States Dollar)
Coupon TypeFixed Floating Rate
Coupon (Yearly)4.250% <= 2024-11, 2.620%+USDLibor3M
Coupon FrequencySemiannual <= 2024-11, Quarterly
Minimum Lot2,000 USD
Additional Lots1,000 USD
Issue DateNovember 5, 2019
Issued Amount175,000,000 USD
Issue Price100.000%
Maturity Price100.000%
Home ExchangeTRACE
IsinUS800363AB92
Cusip800363AB9
Issue DocumentationIssue Prospectus
IndustryBanking
SectorFinancials
CountryUnited States
RegionAmerica developed

Bonds, Corporate, Financials, Banking, America developed, United States, USD, Fixed Floating Rate, Income

Next Dover 2.95% 2029-11 USD

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