M&T Bank Contemplates Subordinated Debt
M&T Bank Contemplates Subordinated Debt
March 25, 2003 at 12:00 AM EST
M&T Bank Contemplates Subordinated Debt
BUFFALO, N.Y., Mar 25, 2003 /PRNewswire-FirstCall via COMTEX/ --
Manufacturers and Traders Trust Company ("M&T Bank"), the principal bank subsidiary of M&T Bank Corporation ("M&T") (NYSE: MTB), is contemplating offering $400 million of subordinated notes to certain institutional investors. The proceeds from the issuance would be used to provide funding to facilitate M&T's acquisition of Allfirst Financial, Inc.
The presentation materials pertaining to the offering that will be provided to prospective investors are accessible via M&T's website at http://ir.mandtbank.com/conference.cfm. Neither this press release nor these materials constitute an offer to sell or a solicitation of an offer to buy the subordinated notes. Any offering will be made only through an Offering Circular that will be provided to the potential investors.
M&T is headquartered in Buffalo, New York, and had consolidated assets of $33.2 billion as of December 31, 2002.
CONTACT: Michael S. Piemonte M&T Bank Corporation 716-842-5138
SOURCE M&T Bank Corporation
Michael S. Piemonte of M&T Bank Corporation, +1-716-842-5138
http://www.mandtbank.com
Copyright (C) 2003 PR Newswire. All rights reserved.
News Provided by COMTEX
Manufacturers and Traders Trust Company ("M&T Bank"), the principal bank subsidiary of M&T Bank Corporation ("M&T") (NYSE: MTB), is contemplating offering $400 million of subordinated notes to certain institutional investors. The proceeds from the issuance would be used to provide funding to facilitate M&T's acquisition of Allfirst Financial, Inc.
The presentation materials pertaining to the offering that will be provided to prospective investors are accessible via M&T's website at http://ir.mandtbank.com/conference.cfm. Neither this press release nor these materials constitute an offer to sell or a solicitation of an offer to buy the subordinated notes. Any offering will be made only through an Offering Circular that will be provided to the potential investors.
M&T is headquartered in Buffalo, New York, and had consolidated assets of $33.2 billion as of December 31, 2002.
CONTACT: Michael S. Piemonte M&T Bank Corporation 716-842-5138
SOURCE M&T Bank Corporation
Michael S. Piemonte of M&T Bank Corporation, +1-716-842-5138
http://www.mandtbank.com
Copyright (C) 2003 PR Newswire. All rights reserved.
News Provided by COMTEX