Professional Holding Corp. in its private placement of $25 million in fixed-to-floating rate subordinated notes

On January 13, 2022, Professional Holding Corp., the parent company of Professional Bank, announced that it had completed its private placement of $25 million in fixed-to-floating rate subordinated notes due 2032. Wachtell, Lipton, Rosen & Katz served as legal advisor to Professional Holding Corp.