BayCom Corp Announces Closing of Subordinated Notes Offering

WALNUT CREEK, Calif.–(BUSINESS WIRE)–BayCom Corp (NASDAQ GSM: BCML) (BayCom or the Company), the parent company of United Business Bank (the Bank), today announced that it had completed its previously announced underwritten offering and sale of its $65.0 million aggregate principal amount of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 (the Notes). The Notes were sold at par, resulting in net proceeds, after underwriting discounts and estimated offering expenses, of approximately $…

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