Attorneys in Cincinnati, Houston and Denver collaborate to support Ohio-based bank holding company’s strategic capital raise.
Dinsmore advised LCNB Corp. (NASDAQ: LCNB), the holding company for LCNB National Bank, in connection with its successful private placement of $25 million in aggregate principal amount of 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036.
The matter highlights Dinsmore’s ability to leverage talent across its national footprint. Michael Dailey in Cincinnati, Jacqueline McCloskey in Houston and Faith Wood in Denver advised on the structuring, negotiation and documentation of the offering, as well as the regulatory and securities law considerations involved in a private placement. The offering marked LCNB’s first issuance of subordinated debt and drew strong investor interest, reflecting confidence in the company’s performance and growth strategy.