BRISTOL, Tenn., June 16, 2021 /PRNewswire/ -- First Bank and Trust Company, a diversified financial services firm with assets of $2.5 billion, today announced the opening of its newest full-service office located at the Pinnacle in Bristol, Tennessee.
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NASHVILLE, Tenn., June 15, 2021 /PRNewswire/ -- Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of Integra Vistas, a Class A, 280-unit multifamily community in the Hixson submarket of Chattanooga, Tennessee. The property was acquired for CS1031 Integra Vistas Apartments, DST, a Reg. D private placement.
CHATTANOOGA, Tenn., June 14, 2021 /PRNewswire/ -- Unum Group (NYSE: UNM) announced today that it has completed an offering of $600 million aggregate principal amount of senior notes due in 2051 with an annual coupon rate of 4.125 percent. The net proceeds of the offering are expected to be used to redeem all of the company's 4.500 percent senior notes due 2025 (CUSIP Number 91529Y AQ9) (the "2025 Notes") outstanding on June 29, 2021 (the "Redemption Date"), and the balance of the net proceeds will be used for general corporate purposes, which could include additional redemptions or repurchases of outstanding debt.
LEBANON, Tenn., June 14, 2021 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today announced its intention to offer, subject to market conditions and other considerations, $275 million aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Cracker Barrel also intends to grant the initial purchasers of the notes an option to purchase, for delivery within a period of 13 days from, and including, the date the notes are first issued, up to an additional $25 million aggregate principal amount of notes in the private placement.
ROGERSVILLE, Tenn., June 14, 2021 /PRNewswire-PRWeb/ -- Volunteer Bancorp, Inc. (the "Company") and its wholly owned subsidiary Civis Bank (the "Bank"), are pleased to announce the hiring of three highly seasoned executive officers. John B. Bearden, Jr. serves as Chief Banking Officer for the Bank; Paul Gallagher serves as Chief Operating Officer for the Bank; and Matthew R. Johnson serves as Chief Financial Officer for both the Company and the Bank.
Taylor Walker has been promoted to an expanded role at Wilson Bank & Trust which includes the oversight of the bank’s commercial lending p…
MEMPHIS, Tenn., June 7, 2021 /PRNewswire/ -- International Paper Company (NYSE: IP) (the "Company") announced today that it has commenced a cash tender offer (the "Offer") for up to $700 million aggregate purchase price (excluding Accrued Interest (as defined below) and excluding fees and expenses related to the Offer ) (the "Aggregate Maximum Amount") of its outstanding 4.400% Notes due 2047 (the "4.400% Notes"), 4.350% Notes due 2048 (the "4.350% Notes"), 4.80% Notes due 2044 (the "4.80% Notes") and 5.000% Notes due 2035 (the "5.000% Notes," and, together with the 4.400% Notes, the 4.350% Notes and the 4.80% Notes, the "Notes"). The terms and conditions of the Offer are described in the Company's offer to purchase dated June 7, 2021 (as may be amended or supplemented from time to time, the "Offer to Purchase").
Andy Cohen is asking for help finding his missing high school friend who hasn't been seen for two weeks.
KNOXVILLE, Tenn., June 3, 2021 /PRNewswire/ -- Mountain Commerce Bancorp, Inc. (OCTQX: MCBI) announced today that—for the third consecutive year—its subsidiary, Mountain Commerce Bank (MCB), earned a place among the top 200 publicly traded community banks in the United States as determined by American Banker magazine. The annual ranking is for community banks and thrifts with less than $2 billion in assets and was released with the magazine's May 2021 issue.
(The Center Square) – Tennessee is set to spend nearly $45 million of its remaining federal CARES Act money on additional COVID-19 pandemic relief for small businesses before the spending deadline hits this year.