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Equitable Bank closes record-setting $300 million deposit note

Newswire.ca - Tue Apr 9, 9:02AM CDT

TORONTO, April 9, 2024 /CNW/ - Equitable Bank, Canada's Challenger Bank™, announces its latest milestone as it closes a $300 million fixed rate deposit note and returns to this funding market for the first time since 2022. Investor demand led to an issuance at the top end of the announced target size and included the largest-ever number of investors, jointly reinforcing the strength and stability of Equitable Bank's challenger bank value proposition.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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