First Busey Corporation offers retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in Illinois, Florida, and Indiana. The company was founded in 1868 and is based in Champaign, Illinois.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
First Busey (BUSE) has priced its public offering of $125M aggregate principal amount of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030.The price to the public for the Notes was 100% of the principal amount of the Notes.The Notes are intended to qualify as Tier 2 capital for regulatory purposes. Net proceeds of...
First Busey Corporation (BUSE) (the “Company”), the holding company for Busey Bank (the “Bank”), today announced the pricing of its public offering of $125 million aggregate principal amount of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”). Prospective investors should read the prospectus supplement and accompanying prospectus in the registration statement and other documents the Company has filed or will file with the SEC for more complete information about the Company and the offering.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]