Listing Type:   | International Debt |
Listing Status:   | Delisted |
Delisted:   | 28 May 2013 |
The Bank of Butterfield Subordinated Notes Series A Due 2013 (NTBBH.BH) were repaid by the issuance and sale on 28 May 2008 by private placement of U.S.$53,000,000 aggregate principal amount of Series A Subordinated Notes due 2018 and U.S.$25,000,000 aggregate principal amount of Series B Subordinated Notes due 2023, which were approved for listing on the Bermuda Stock Exchange May 07, 2008.
These debt instruments are treated as Lower Tier 2 capital for regulatory purposes.
Bank excercised early redemption option effective 28 May, 2013
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