Shore Bancshares, Inc. 5.375% 01-SEP-2030Shore Bancshares, Inc. 5.375% 01-SEP-2030Shore Bancshares, Inc. 5.375% 01-SEP-2030

Shore Bancshares, Inc. 5.375% 01-SEP-2030

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Key terms


Outstanding amount
‪25.00 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
5.38% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
7.84%
Maturity date
Sep 1, 2030
Term to maturity
5 years

About Shore Bancshares, Inc. 5.375% 01-SEP-2030


Sector
Finance
Industry
Regional Banks
Issue date
Dec 2, 2020
FIGI
BBG00Y2P3B54
Shore Bancshares, Inc. is a financial holding company, which engages in the provision of commercial banking products and services to individuals and businesses. Its services include checking accounts, various savings programs, mortgage loans, home improvement loans, installment and other personal loans, credit cards, personal lines of credit, automobile and other consumer financing, safe deposit boxes, debit cards, 24-hour telephone banking, internet banking, mobile banking, and 24-hour automatic teller machine services. It also offers commercial checking, savings, certificates of deposit, and overnight investment sweep accounts. The company was founded on March 15, 1996 and is headquartered in Easton, MD.
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