First PacTrust Bancorp Announces Quarterly Senior Debt Interest Payment for the 2nd Quarter 2013
June 20 2013 - 1:06PM
Business Wire
First PacTrust Bancorp, Inc. (NASDAQ: BANC), the multi-bank
holding company for PacTrust Bank and Beach Business Bank, today
announced that its Board of Directors has authorized a quarterly
cash Interest Payment of $.46875 per share on its outstanding
Senior Notes (NASDAQ: BANC.L). The Interest Payment will be payable
on July 15, 2013 to noteholders of record as of July 1, 2013. This
Interest Payment results in an annualized yield of 7.5 percent.
The Company’s Senior Debt is traded on the NASDAQ Global Market
under the “BANC.L” symbol.
About First PacTrust Bancorp
Based in Irvine, CA, First PacTrust Bancorp, Inc. is the $2.0
billion multi-bank holding company of Pacific Trust Bank and Beach
Business Bank, which together operate banking offices in Los
Angeles, Orange, San Diego and Riverside counties, and loan
production offices in California, Arizona, Oregon, Washington and
Montana.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of the “Safe-Harbor” provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
necessarily subject to risk and uncertainty and actual results
could differ materially from those anticipated due to various
factors, including those set forth from time to time in the
documents filed or furnished by First PacTrust Bancorp with the
Securities and Exchange Commission. You should not place undue
reliance on forward-looking statements and First PacTrust Bancorp
undertakes no obligation to update any such statements to reflect
circumstances or events that occur after the date on which the
forward-looking statement is made.
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