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BRIEF-The First Bancshares, Inc. announces redemption of CDCI preferred stock
December 7, 2016 / 11:07 PM / 9 months ago

BRIEF-The First Bancshares, Inc. announces redemption of CDCI preferred stock

Dec 7 (Reuters) - First Bancshares Inc :

* First Bancshares -in connection with repurchase of cdci preferred stock, co entered into loan agreement with first tennessee bank national association

* First Bancshares Inc - maturity date of agreement is december 5, 2017

* First Bancshares Inc - agreement provides for a $20 million revolving line of credit by lender to company.

* The First Bancshares, Inc. Announces redemption of CDCI preferred stock and establishment of holding company line of credit with first tennessee bank Source text for Eikon: Further company coverage:

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