The Bank of N.T. Butterfield & Son Limited
65 Front Street Hamilton
Hamilton HM AX
Bermuda

Tel: 441-295-1111
Fax: 441-295-1220
Email: brendan.mcdonagh@butterfieldgroup.com

Website: www.butterfieldgroup.com
The notes were originally issued in two tranches, namely US$78 million in Series A notes due 2013 and US$47 million in Series B notes due 2018.

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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