KBRA Releases Comment on CenterState Bank Corporation’s Proposed Merger of Equals with South State Corporation
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a comment on CenterState Bank Corporation’s (NASDAQ: CSFL) (“CenterState”) proposed merger of equals with South State Corporation (NASDAQ: SSB) (“South State”). On January 27, 2020, CenterState Bank Corporation (KBRA senior BHC rating: BBB ) and Colombia, South Carolina-based, South State Corporation announced a proposed merger of equals, in which South State would become the legal surviving entity. In KBRA’s view, the transact
KBRA Releases Comment on CenterState Bank Corporation’s Proposed Merger of Equals with South State Corporation
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a comment on CenterState Bank Corporation’s (NASDAQ: CSFL) (“CenterState”) proposed merger of equals with South State Corporation (NASDAQ: SSB) (“South State”). On January 27, 2020, CenterState Bank Corporation (KBRA senior BHC rating: BBB ) and Colombia, South Carolina-based, South State Corporation announced a proposed merger of equals, in which South State would become the legal surviving entity. In KBRA’s view, the transact