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Investor group discloses stake in HCSB Financial
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them
Street Talk Episode 66 - Community banks tap the debt markets while the getting is good
An investor group that includes Castle Creek Capital PartnersVI LP disclosed beneficial ownership of 35,968,163 common shares, representing 9.9%, ofLoris, S.C.-based HCSB Financial Corp.,according to a Schedule 13D filed April 13.
Castle Creek Capital Partners also owns 740,318.37shares of a series of convertible perpetual preferred stock of HCSB, which are convertibleto nonvoting common stock, the filing noted.