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Patriot National Bancorp Announces Completion of $12 Million Senior Debt Offering

Provided By Globe Newswire

Last update: Dec 21, 2022

STAMFORD, Conn., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, National Association (the “Bank”), today announced the issuance and sale (the “Offering”) of $12 million in aggregate principal amount of 8.50% Fixed-Rate Senior Notes due 2026 (the “Notes”). The Company used the proceeds from the Offering to repay in full its 7.50% Senior Notes, due on December 31, 2022.

Read more at globenewswire.com

PATRIOT NATIONAL BANCORP INC

NASDAQ:PNBK (4/21/2025, 8:00:00 PM)

After market: 4 -0.03 (-0.74%)

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