Banc of California Inc, founded in 2009 and headquartered in Santa Ana, California, serves as a financial institution focused on providing banking solutions primarily for businesses and individuals in the Western United States. The company's key offerings include commercial banking, real estate financing, and treasury management services, catering to a diverse client base with tailored financial products.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BANC 5.25% 2025-04-15 USDBanc of California Inc | United States | 2025-04-15 | 5.250 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Banc of California has actively engaged in the bond market, with its first bond issuance occurring shortly after its establishment in 2010. Notably, the company issued $150 million in senior unsecured notes in 2021, reflecting strong investor demand and robust credit ratings, with yields competitive against industry averages. The bank's bonds feature attractive terms, including fixed interest rates and maturities ranging from five to ten years, enhancing their appeal to yield-seeking investors. Recent news highlights the bank’s successful refinancing efforts that have bolstered its balance sheet, positioning it favorably in the current market landscape.