Seattle-basedHomeStreet Inc.extended the expiration date of its offer to exchange an aggregate principalamount of up to $65 million of its 6.50% senior notes due 2026 to Oct. 12 fromSept. 27.
Theextension aims to allow more time for holders of outstanding old notes who haveyet to tender those notes to have them exchanged.
As of Sept.27, approximately $57 million in aggregate principal amount of the old noteshad been tendered and not withdrawn, representing 87.69% of the aggregateprincipal amount of outstanding old notes.
Wells FargoBank NA is the exchange agent for the offer.