BNC BANCORP Matured or Retired Bonds
Note series that matured or were fully retired, latest maturity first. Terms are from each offering's final pricing term sheet on SEC EDGAR; a reopening of the same CUSIP adds to its principal. Interest per payment = principal × coupon ÷ payments per year. Outstanding = principal issued minus each filed exchange, tender, redemption or conversion; it is (m) where the retired amount was not filed. Interest per payment uses the outstanding principal.
- 5.5% Fixed-to-Floating Rate Subordinated Notes due 2024: Principal issued $60,000,000; Outstanding $0; Coupon 5.50%; Maturity date 2024-10-01.
| Notes | Principal issued | Outstanding | Coupon | Maturity date | Interest payment dates | Interest per payment | Optional redemption | Retired | Priced |
|---|---|---|---|---|---|---|---|---|---|
| 5.5% Fixed-to-Floating Rate Subordinated Notes due 2024 CUSIP 05566TAA9 | $60,000,000 | $0 | 5.50% | 2024-10-01 | October 1, April 1, October 1, January 1, April 1, July 1, October 1, April 1 30 / 360 to but excluding October 1, 2019, and, thereafter, a 360-day year and the number of days actually elapsed | $0 | Make-Whole: The Company may, at its option, beginning with the interest payment date of October 1, 2019 and on any inter | Repaid at maturity 2024-10-01: $60,000,000 | 2014-09-25 |