independent bank corp/ma
Transactions by INDEPENDENT BANK CORP/MA (INDB) in the last 6 months
Independent Bank Corp. (NasdaqGS:INDB) announced that it has entered into a note subscription agreement for private placement of fixed-to-floating rate subordinated notes due 2024 for gross proceeds of $35 million on November 13, 2014. The transaction will see participation from certain institutional accredited investors. The notes will mature on November 15, 2024. The note carries an interest rate of 4.75% per annum payable semi-annually. The interest payable from and ...
Independent Bank Corp. (NasdaqGS:INDB) entered into a definitive agreement to acquire Peoples Federal Bancshares, Inc. (NasdaqCM:PEOP) from Peoples Federal Savings Bank Charitable Foundation, Endowment Arm, Peoples Federal Savings Bank, ESOP and other shareholders for approximately $130 million in cash and stock on August 5, 2014. As part of the deal, Rockland Trust Company, subsidiary of Independent Bank Corp., will also acquire Peoples Federal Savings Bank, subsidiary ...
Peoples Federal Savings Bank, ESOP
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