Tag Archives: Janney Montgomery Scott

Shore United Bank Enters Merger Agreement with Severn Savings Bank

Shore Bancshares, the holding company of Shore United Bank, and Severn Bancorp, the holding company of Severn Savings Bank, entered into a definitive agreement under which Severn will merge with and into Shore in a stock and cash transaction valued at approximately $146 million. 

Monroe Capital Corporation Closes Offering of $130MM 4.75% Notes Due 2026

Monroe Capital Corporation closed a public offering of $130 million aggregate principal amount of 4.75% notes due 2026. Raymond James & Associates acted as book-running manager for this offering.