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Conifer Holdings to raise $30M in subordinated notes

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Conifer Holdings to raise $30M in subordinated notes

Conifer Holdings Inc. is raising $30 million in subordinated notes.

Proceeds from the offering will be used to refinance $16.4 million in outstanding senior debt, to support general working capital purposes and to finance growth strategies.

Stonybrook Capital served as the exclusive financial adviser to Conifer Holdings on this transaction.