Dimeco closes $25 million subordinated debt offering
Bitget2026/10/26 15:38- Dimeco closes $25 million private placement of fixed-to-floating rate subordinated notes due 2036.
- The notes are structured to qualify as Tier 2 capital. Proceeds are intended for general corporate purposes.
- Optional redemption, in whole or part, begins on interest payment dates on or after October 23, 2031.
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