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CoBiz Financial Inc (COBZ.O)

COBZ.O on Nasdaq

16.01USD
23 May 2017
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Latest Key Developments (Source: Significant Developments)

Cobiz Financial executes second amendment to amended and restated credit deal
Tuesday, 16 May 2017 02:19pm EDT 

May 16 (Reuters) - Cobiz Financial Inc ::Executed second amendment to amended and restated credit agreement with U.S. Bank National Association effective as of May 13, 2017.Interest on outstanding balance under credit facility is payable at rate equal to one-month libor rate plus 225 basis points (2.25%).U.S. Bank National Association committed to make revolving loans for aggregate amount not to exceed $20 million for 1 year - SEC filing.  Full Article

Cobiz Financial reports Q1 earnings per share $0.20
Thursday, 27 Apr 2017 06:34am EDT 

April 27 (Reuters) - Cobiz Financial Inc :Q1 earnings per share $0.20.Cobiz Financial Inc - net interest income on a tax-equivalent basis (NII) was $32.5 million for Q1 of 2017, an increase of $2.5 million.  Full Article

Cobiz Financial CEO Steven Bangert reports open market sale of 6,000 shares of co - SEC filing
Thursday, 11 Aug 2016 06:42pm EDT 

Cobiz Financial Inc : Cobiz Financial Inc CEO Steven Bangert reports open market sale of 6,000 shares of co at an average price of $12.62 per share on Aug 9 - SEC filing Source: (http://bit.ly/2aPdEFI ) Further company coverage: [COBZ.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

CoBiz Financial Inc announces pricing of $60 million debt offering
Monday, 22 Jun 2015 06:57pm EDT 

CoBiz Financial Inc:Says that it has priced underwritten public offering of $60 million of its unsecured fixed to floating rate subordinated notes due 2030.Says notes will bear a fixed interest rate of 5.625 pct. per year, from, and including June 25, 2015, to, but excluding, June 25, 2025.Intends to use net proceeds of offering of notes to redeem the $57.4 million of the company's senior non-cumulative perpetual preferred stock, series C, currently held by Department of Treasury and any excess proceeds for general corporate purposes.Expects to close transaction on or about June 25.Says J.P. Morgan and Keefe, Bruyette & Woods, a Stifel Company, are acting as underwriters for the offering of Notes.  Full Article

CoBiz Financial Inc announces debt offering
Monday, 22 Jun 2015 10:30am EDT 

CoBiz Financial Inc:Says commenced an underwritten public offering of its unsecured fixed to floating rate subordinated notes due 2030.Intends to use the net proceeds of the offering of the Notes to redeem the $57.4 million of the Company's Senior Non-Cumulative Perpetual Preferred Stock, Series C and any excess proceeds for general corporate purposes.J.P. Morgan and Keefe, Bruyette & Woods, a Stifel Company, are acting as underwriters for the offering of Notes.  Full Article

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BRIEF-Cobiz Financial executes second amendment to amended and restated credit deal

* Executed second amendment to amended and restated credit agreement with U.S. Bank National Association effective as of May 13, 2017