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Fulton Financial in Lancaster, Pa., disclosed that another one of its banks has been hit with a consent order tied to Bank Secrecy Act and anti-money laundering compliance.
December 30 -
The $3.2 billion-asset company issued the notes, due 2030, on Friday on behalf of its Fidelity Bank subsidiary.
June 1
Fulton Financial in Lancaster, Pa., will issue $150 million in subordinated debt to fund the redemption of a separate portfolio of debt securities.
The $17 billion-asset company will
Fulton will use the proceeds toward its anticipated redemption of 6.29% Junior Subordinated Deferrable Interest Debt Securities due 2036.
Sandler O'Neill & Partners and Keefe, Bruyette & Woods are the offering's joint book-running managers. Sullivan & Cromwell and Barley Snyder are legal counsel.