FIG Partners Placed $15 Million In Subordinated Debt For Citizens Community Bancorp

FIG Has Raised More Than $650 Million
In Debt Capital In 25 Offerings To Date

ATLANTA, August 15, 2017 — Citizens Community Bancorp, Inc. (NASDAQ:CZWI) issued and sold $15 million of its 6.75% fixed-to-floating subordinated notes in a transaction which closed on August 10, 2017.

sub debt offeringThe notes, which are expected to qualify as Tier 2 capital, will mature 10 years from the date of issuance. The notes may not be redeemed by the company before the fifth anniversary of the notes’ effective date.

“FIG is pleased to have served as sole placement agent for Citizens Community Bancorp,” said Greg Gersack, Senior Managing Principal and Co-Head of Investment Banking. “The transaction allowed the company to complete a very accretive and transformational acquisition.”

The FIG team included Gersack and Bob Kotecki, Principal.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more, visit www.figpartners.com.

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