trending Market Intelligence /marketintelligence/en/news-insights/trending/WuIlQLoaRmCZcOVptmHiZA2 content esgSubNav
In This List

Medallion Financial places $30M of senior notes

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Medallion Financial places $30M of senior notes

New York-based Medallion Financial Corp. has privately placed $30 million of 8.25% senior unsecured notes due March 22, 2024.

Aside from general corporate purposes, proceeds from the offering will be used to increase the company's capital base at subsidiary Medallion Bank and pay down debt.

Sandler O'Neill + Partners LP acted as sole placement agent for the offering.