On June 30, 2022, Berkshire Hills Bancorp, Inc., Boston, Massachusetts, the holding company for Berkshire Bank, completed a public offering of $100.0 million of its 5.50% Fixed-to-Floating Rate Subordinated Notes due 2032.
Berkshire Hills Bancorp, Inc. is the first public U.S. community bank holding company with under $150 billion in assets to issue a Sustainability Bond. It intends to use an amount equal to the net proceeds to finance or refinance new or existing social and environmental projects.
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