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Stock impact report

Climate First Bancorp Completes New $30 Million Subordinated Note Offering to Support National Residential Solar Demand [Yahoo! Finance]

First Bancorp (FBNC) 
Last first bancorp earnings: 4/28 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Climate First President: "These Notes provide the capital and flexibility to continue to invest in America's renewable energy independence" ST. PETERSBURG, FL / ACCESS Newswire / October 31, 2025 / Climate First Bancorp, the holding company for Climate First Bank and OneEthos, today announced it had completed a $30 million private placement offering of Fixed-to-Floating Rate Subordinated Notes. Climate First Bancorp will use the net proceeds from the offering to continue the company's rapid national growth, especially in its residential solar financing business. Climate First Bank Climate First Bank Logo Piper Sandler & Co. served as sole placement agent for the Notes, which bear a fixed-rate interest of eight percent for the first five years and mature on November 1, 2035. Jack Greeley of Smith Mackinnon PA served as legal counsel to Climate First Bancorp and Alston & Bird, LLP served as placement agent's counsel to Piper Sandler & Co. EJF Capital, a global institutional alt Show less Read more
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