VersaBank 5.0% 01-MAY-2031VersaBank 5.0% 01-MAY-2031VersaBank 5.0% 01-MAY-2031

VersaBank 5.0% 01-MAY-2031

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Overview
Analysis

VB5171127 analysis



Key facts


Issuer
Issue date
Apr 30, 2021
Maturity date
May 1, 2031
Outstanding amount
‪75.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.00% (Variable)
VersaBank engages in the provision of financial services. It operates through Digital Banking and DRTC. The Digital Banking segment offers business to business model using its financial technoolgy to address issues in the U.S. banking market. The DRTC segment refers to developed IT security software and capabilities. The company was founded by David Roy Taylor on January 18, 1993 and is headquartered in London, Canada.
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