First PacTrust Bancorp, Inc. Completes Sale of $33 Million of Senior Notes by EON


IRVINE, Calif.--(EON: Enhanced Online News)--First PacTrust Bancorp, Inc. (the “Company”) (Nasdaq: BANC), the holding company for PacTrust Bank, announced yesterday, April 23, 2012, the closing of its sale of $33 million aggregate principal amount of 7.50% Senior Notes due April 15, 2020. Net proceeds after discounts, commissions and expenses were approximately $31.2 million and are expected to be used for possible acquisitions, support of organic growth, investments in, or extensions of credit

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