Shore Bancshares Extends Exchange Offer for 6.25% Subordinated Notes Due 2035

Reuters
15 hours ago
Shore Bancshares Extends Exchange Offer for 6.25% Subordinated Notes Due 2035

Shore Bancshares Inc. extended its exchange offer to swap up to $60 million of its outstanding 6.25% fixed-to-floating rate subordinated notes due 2035 for an equivalent amount of registered notes. The offer, originally set to expire Feb. 18, 2026, now runs through 11:59 p.m. ET on Feb. 20, 2026, and about $58 million, or roughly 97%, of the old notes had been tendered as of the prior deadline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shore Bancshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602191124PR_NEWS_USPR_____PH91491) on February 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10