Midland States Bancorp, Inc. 5.0% 30-SEP-2029Midland States Bancorp, Inc. 5.0% 30-SEP-2029Midland States Bancorp, Inc. 5.0% 30-SEP-2029

Midland States Bancorp, Inc. 5.0% 30-SEP-2029

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Key terms


Outstanding amount
‪56.25 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.00% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
5.14%
Maturity date
Sep 30, 2029
Term to maturity
5 years

About Midland States Bancorp, Inc. 5.0% 30-SEP-2029


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Jan 10, 2020
FIGI
BBG00R9S3WL2
Midland States Bancorp, Inc. is a bank holding company which engages in the provision of commercial and consumer banking products and services. It operates through the following segments: Banking, Wealth Management, and Other. The Banking segment offers financial products and services such as loans, mortgage loan sales and servicing, letters of credit, deposit products, merchant services, and corporate treasury management services. The Wealth Management segment consists of trust and fiduciary services, brokerage, and retirement planning services. The Other segment includes the operating results of the parent company, the captive insurance business unit, and the elimination of intercompany transactions. The company was founded in 1988 and is headquartered in Effingham, IL.
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