DENVER, Nov. 05, 2021 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC) (the “Company”) announced today that it has entered into a Subordinated Note Purchase Agreement with an institutional accredited investor, pursuant to which the Company issued and sold a 3.00% fixed-to-floating rate subordinated note due 2031 in the principal amount of $40.0 million (the “Note”). The Note has been structured to qualify as Tier 2 capital under bank regulatory guidelines, and the proceeds from the sale of the Note will be used for general corporate purposes.
National Bank Holdings Corporation Announces Entry into a $40.0 million Subordinated Note Purchase Agreement
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