Mutual Bancorp raised $85 million in private debt offering
Mutual Bancorp, a Massachusetts-based commercial bank, completed a private debt offering of $85 million, fully subscribed by 33 investors with a minimum investment of $100,000 per investor. The offering was conducted under Regulation D Rule 506(b) with Piper Sandler & Co. serving as placement agent and receiving $1,324,125 in compensation. First sales occurred on June 25, 2026.
Key facts
- $85,000,000 total offering amount, 100% sold
- 33 investors subscribed
- $100,000 minimum investment per investor
- Piper Sandler & Co. placement agent, $1,324,125 compensation
- Rule 506(b) exemption claimed
- First sale date: June 25, 2026
Why it matters
The debt raise provides Mutual Bancorp with $85 million in capital, likely to support lending growth or balance-sheet strength in the commercial banking sector.
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Derived from D filed 2026-07-10. Not investment advice. View the source filing on SEC.gov →