HomeStreet in Seattle Raises $65M from Debt Offering

By Joseph Kellard May 20, 2016, 2:57 p.m. EDT 1 Min Read

HomeStreet in Seattle has raised $65 million from issuing senior debt.

The $4.8 billion-asset company said in a press release Friday that the proceeds from the offering with support growth and other general corporate purposes. The notes are due in 2026.

HomeStreet has been an active acquirer, reaching deals in recent years to buy Orange County Business Bank in Irvine, Calif.; a former AmericanWest branch from Banner Corp. in Walla Walla, Wash.; and two branches from Bank of Oswego in Lake Oswego, Ore.

M&A

HomeStreet to Buy Bank of Oswego's Branches

HomeStreet in Seattle has agreed to buy most of the assets and deposits of Bank of Oswego, including the Lake Oswego, Ore., bank's branches.

By Paul Davis

May 11
M&A

HomeStreet Acquires Former AmericanWest Branch from Banner

HomeStreet in Seattle has bought a branch in Dayton, Wash., from Banner Corp. in Walla Walla, Wash.

By Andy Peters

December 16
M&A

HomeStreet in Seattle to Buy Orange County Business Bank

The $4.8 billion-asset HomeStreet said in a press release Monday that it will pay $49.8 million in stock, or $11.70 a share, and $5.5 million in cash for the $200 million-asset Orange County Business Bank.

By Andy Peters

September 28

Joseph Kellard

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