Thursday, 21 June 2007

UPDATE 1-Superior Bancorp sees charge from security redemption

(Reuters) - The bank holding company said it will refinance about $16
million of its trust preferred securities during the quarter by
privately placing up to $22 million of such new securities.




The company also said its board authorized a buyback of up
to 1 million common shares.


Read more at Reuters.com Mergers News

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