Friday, August 5, 2022

Amerant in Fla. absorbs subsidiary

Amerant Bancorp in Coral Gables, Fla., has absorbed one of its subsidiaries. 

The $8.2 billion-asset Amerant disclosed in a regulatory filing Friday that Amerant Florida Bancorp was merged into the company. 

Amerant said that all assets of Amerant Florida Bancorp were vested in the company. Amerant also assumed all obligations of Amerant Florida Bancorp, including senior and subordinated notes and trust-preferred securities.
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