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S&P GLOBAL: Performance Trust capitalizing on surge in sub debt issuance by community banks

July 30, 2020

Subordinated debt issuances by community banks — institutions with less than $10 billion in assets — in 2020 have nearly matched the levels seen in full year 2019, with 80% of transactions coming in the last three months.

Brian Leibfried said Performance Trust always asks "compared to what" when evaluating transactions.

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