Windels Marx Closes First Bank Private Placement

Thursday, May 28, 2015

On April 30th, First Bank announced the closing of a $22.0 million private placement of fixed-to-floating rate subordinated notes. The Bank will use the extra capital for "general corporate purposes including organic growth initiatives as well as potential M&A opportunities." Bob Schwartz and Greg Krauss advised First Bank in this matter.

Read the article.