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Flagstar Bancorp closes $250M note offering

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Flagstar Bancorp closes $250M note offering

Asexpected, Troy, Mich.-based Flagstar Bancorp Inc. closed its previously announcedoffering of $250million 6.125% senior notes due 2021 on July 11.

Thenotes were onlyoffered to "qualified institutional buyers," according to a Form 8-Kfiled July 12.