Edition:
United Kingdom

United Community Banks Announces Upsizing And Pricing Of Subordinated Notes Offering


Thursday, 11 Jan 2018 

Jan 11 (Reuters) - United Community Banks Inc ::UNITED COMMUNITY BANKS, INC. ANNOUNCES UPSIZING AND PRICING OF SUBORDINATED NOTES OFFERING.UNITED COMMUNITY BANKS-PRICING UNDERWRITTEN PUBLIC OFFERING OF $100 MILLION AMOUNT OF 4.500% FIXED TO FLOATING RATE SUBORDINATED NOTES DUE JAN 30, 2028​.UNITED COMMUNITY BANKS - ‍NOTES WILL INITIALLY BEAR INTEREST AT A RATE OF 4.500% PER ANNUM, PAYABLE SEMI-ANNUALLY IN ARREARS​.