Capital Offerings Profile
Sterling Financial Corporation
Sterling Capital Trust II
Private Placement - Subsidiary Trust Preferred Stock
10.25% Trust preferred securities, due 07/25/31
Currency of Issue
Exchange for Existing Issue?
Use of Proceeds
the net proceeds of this offering will be used for funding growth which amounts to approximately. $9 million and pay down approximately $15 million debt.
Offer Price ($)
Gross Amount Offered ($000)
Amount Including Overallotment ($000)
Total Shares Offered
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