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Hancock Whitney Prices Baby Bond

The new baby bond from banker Hancock Whitney (HWC) has priced with a relatively tasty coupon of 6.25%. The issue is investment grade.

The permanent ticker will be HWCPZ, which will be used once trading begins on NASDAQ in the next week or so. There is no OTC grey market trading, but those anxious investors can potentially buy with the CUSIP by calling your broker.

The pricing term sheet can be read here.

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