On July 8, 2021, New Hampshire Mutual Bancorp, Concord, New Hampshire, the holding company for Meredith Village Savings Bank, Merrimack County Savings Bank and Savings Bank of Walpole, completed a private placement of $20.0 million of its 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031.  The notes are intended to qualify as Tier 2 capital for regulatory purposes.

Luse Gorman served as legal counsel to New Hampshire Mutual Bancorp in the offering. The Luse Gorman team consisted of Larry Spaccasi, Mike Brown and Zachary Davis.

Luse Gorman has extensive experience representing issuers in public offerings and private placements of capital stock, debt, and other securities. To learn more about our Capital Markets and Corporate Finance practice, please visit our website.