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Eagle Bancorp launches $75M debt offering

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Eagle Bancorp launches $75M debt offering

Bethesda, Md.-based Eagle Bancorp Inc. launched a public offering of $75million of its fixed-to-floating subordinated notes, due 2026.

The company plans to use the net proceeds for general corporatepurposes, including providing capital to EagleBank, to support continued growth.

Sandler O'Neill & Partners LP is acting as book-runningmanager and Keefe Bruyette & Woods, a Stifel Co., is acting as co-manager.