Associated Banc-Corp today announced the filing of a prospectus supplement with the U.S. Securities and Exchange Commission for the issue of up to $100 million aggregate principal amount of its Associated Banc-Corp InterNotes.
The additional capital that is raised by the notes will be used by Green Bay-based Associated Banc-Corp for general corporate purposes.
The notes will be offered through Incapital's InterNotes Medium-Term Note program. Banc of America Securities LLC and Incapital LLC, will act as joint lead managers and lead agents of the InterNotes program.
Beginning today, Associated Banc-Corp InterNotes will be offered by prospectus only directly to investors through Incapital's extensive network of approximately 600 broker-dealer firms throughout the United States.
InterNotes are unsecured medium-term notes issued by corporations and offered for sale to retail investors. InterNotes are generally offered at par in $1,000 increments, and provide individual investors a variety of rates, maturity dates and interest payment options.
Associated Banc-Corp to raise capital with new notes
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