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Community Banker CNB Financial to Sell Preferred

Pennsylvania banker CNB Financial Corp (CCNE) will be selling a new non cumulative preferred issue.

CNB Financial is a fairly small banking company with just $4.4 billion in assets.

The issue will be fixed rate and have the typical optional redemption in 2025.

The permanent NASDAQ ticker will be CCNEP after it trades on the OTC grey market for a week ot two.

The preliminary prospectus is here.

The company has a new investor presentation here.

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