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Alpine Banks of Colorado issues $75 million in subordinated debt
Globenewswire·2025-11-24 21:00

GLENWOOD SPRINGS, Colo., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank, announced today that it has completed the private placement of $75 million in fixed-to-floating rate subordinated notes due 2035. The notes have been structured to qualify as Tier 2 capital under bank regulatory guidelines. The Company intends that proceeds from the sale of the notes will be used to redeem the Company’s $50 million subordinated ...