Midwest BankCentre’s $35 Million Subordinated Debt Offering

Stinson LLP advised Midwest BankCentre Inc. on the deal.

St. Louis, Missouri-based Midwest BankCentre, Inc., the holding company of Midwest BankCentre, issued $25 million in 10-year fixed-to-floating rate subordinated notes, and $10 million in 15-year fixed-to-floating rate subordinated notes.

Midwest BankCentre, Inc. stated that it intends to use the net proceeds from the offering for general corporate purposes related to growth and supporting capital levels at Midwest BankCentre. 

Midwest BankCentre, Inc. provides banking services. The Bank offers personal banking, wealth management, loans, savings accounts, leasing, retirement plans, investment management, and insurance services. 

Stinson attorneys advising Midwest BankCentre, Inc. in this private offering include Partners Bob Monroe (Picture) and Nate Van Emon.

Involved fees earner: Robert Monroe – Stinson LLP; Nate Van Emon – Stinson LLP;

Law Firms: Stinson LLP;

Clients: Midwest BankCentre, Inc.;

Author: Martina Bellini