Primis Financial Corp. 5.4% 01-SEP-2030Primis Financial Corp. 5.4% 01-SEP-2030Primis Financial Corp. 5.4% 01-SEP-2030

Primis Financial Corp. 5.4% 01-SEP-2030

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Key terms


Outstanding amount
‪60.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.40% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
5.57%
Maturity date
Sep 1, 2030
Term to maturity
5 years

About Primis Financial Corp. 5.4% 01-SEP-2030


Sector
Finance
Industry
Regional Banks
Issue date
Aug 25, 2020
FIGI
BBG00WWD8RD3
Primis Financial Corp. is a holding company, which engages in the provision of financial services through its subsidiary Sonabank. The firm focuses on making loans secured primarily by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. It also invests in real estate related securities, including collateralized mortgage obligations and agency mortgage backed securities. The company was founded by Georgia S. Derrico and R. Roderick Porter in July 28, 2004 and is headquartered in McLean, VA.
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