First Bancshares, Inc. 4.25% 01-OCT-2030First Bancshares, Inc. 4.25% 01-OCT-2030First Bancshares, Inc. 4.25% 01-OCT-2030

First Bancshares, Inc. 4.25% 01-OCT-2030

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Key terms


Outstanding amount
‪64.50 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
4.25% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
4.90%
Maturity date
Oct 1, 2030
Term to maturity
5 years

About First Bancshares, Inc. 4.25% 01-OCT-2030


Sector
Finance
Industry
Major Banks
Issue date
Jan 21, 2021
FIGI
BBG00YLZ22S7
First Bancshares, Inc. is a bank holding company, which engages in banking services such as personal and business, which include checking, savings, and loans, cards, and others. It operates through the following segments: Commercial, Financial and Agriculture, Commercial Real Estate, Consumer Real Estate, and Consumer Installment. The Commercial, Financial and Agriculture segment provides loans to business entities issued for commercial, industrial, or other business purposes. The Commercial Real Estate segment offers loans that are grouped as such because repayment is mainly dependent upon either the sale of the real estate, operation of the business occupying the real estate, or refinance of the debt obligation. The Consumer Real Estate segment includes loans secured by 1-4 family residential properties and/or residential lots. The Consumer Installment segment focuses on the l loans issued to individuals that are not for any purpose related to operation of a business, and not secured by real estate. The company was founded in 1996 and is headquartered in Hattiesburg, MS.
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