Itasca,Ill.-based First Midwest BancorpInc. completed the issuance and sale of $150 million aggregate principal amountof its 5.875% subordinated notes due 2026 on Sept. 29.
The subordinatednotes will mature Sept. 29, 2026. On or after Aug. 29, 2026, First Midwest willhave the option to redeem the notes, in whole or in part, at 100% of theprincipal amount plus accrued interest, subject to approval by the FederalReserve Board.
GoldmanSachs & Co. and Sandler O'Neill & Partners LP served as representativesfor the underwriters in the offering.