Post by PressRelease on Apr 09, 2024 10:03am
New Press Release - Equitable Bank closes record-setting $300 million deposit note
Comment by
retiredcf on Apr 16, 2024 9:32am
EQB today had news of a 300 million deposit note...is this a significant event for the company? The EQB $300M deposit note news was fairly significant, as it was the first time the bank has returned to this funding market since 2022. The deposit note has a fixed rate of 5.16%, and was oversubscribed by 4.2X. (5iResearch)