BancorpSouth Bank and Cadence Bancorporation closed the previously announced merger in which Cadence merged into BancorpSouth. Upon the completion of the merger, BancorpSouth was renamed Cadence Bank.
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion.
Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
Casey Bancorp and its wholly-owned subsidiary, Grand Bank of Texas, signed a definitive merger agreement to merge with and into BancorpSouth Bank.
BancorpSouth Bank received the necessary regulatory approvals to complete its proposed mergers with Louisiana-based Ouachita Bancshares and Texas-based Central Community Corporation.