November 16, 2024
BANGOR DAILY NEWS (BANGOR, MAINE

Comments for: One Bancorp to swap debt for cash, stocks

PORTLAND — The One Bancorp, struggling to recover from losses rooted in bad real estate loans, announced Monday it was offering bondholders a combination of cash and preferred stock in exchange for $36.8 million in outstanding debt. Under the offer, which begins Tuesday, holders of… Read More

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