Amadeusz Juskowiak

high point financial corp sets offering

High Point Financial Corp said it filed a registration statement with the Securities and Exchange Commission covering six mln dlrs principal amount of redeemable subordinated debentures due March one and cancellable mandatory stock purchase contracts requiring the purchase of 666 mln dlrs in common no later than March one

It said the offering will be underwritten by Ryan Beck and Co West Orange NJ

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