Patriot National Bancorp Inc. Completes Debt Repayment and Conversion of Senior Notes into Common Stock

Reuters09-12

Patriot National Bancorp Inc. Completes Debt Repayment and Conversion of Senior Notes into Common Stock

Patriot National Bancorp Inc. announced on September 5, 2025, that it has fully satisfied its commitments and obligations under its 8.50% Fixed Rate Senior Notes due 2026. The company repaid an aggregate amount of $3,081,380.97 in cash to the remaining noteholders, following the conversion of certain noteholders' outstanding principal and unpaid interest balances into shares of the company's common stock. This move comes after amendments made in connection with a $57.75 million private placement completed on March 20, 2025, which allowed the company to repay any amount of the outstanding principal without penalty before the maturity date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patriot National Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-028851), on September 11, 2025, and is solely responsible for the information contained therein.

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Completes Debt Repayment and Conversion of Senior Notes into Common Stock\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Patriot National Bancorp Inc. announced on September 5, 2025, that it has fully satisfied its commitments and obligations under its 8.50% Fixed Rate Senior Notes due 2026. The company repaid an aggregate amount of $3,081,380.97 in cash to the remaining noteholders, following the conversion of certain noteholders' outstanding principal and unpaid interest balances into shares of the company's common stock. 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This move comes after amendments made in connection with a $57.75 million private placement completed on March 20, 2025, which allowed the company to repay any amount of the outstanding principal without penalty before the maturity date.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patriot National Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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