News & Updates

The Hovde GroupHovde Group provides a variety of online publications and updates to our clients and investors on a regular basis. These include our Industry Updates, Transaction Alerts, and Monthly Overviews. To sign up to receive our publications via e-mail on a regular basis, please click here.

RSS Feed: feed://www.hovdegroup.com/rss/news-updates

MINT Holdings, Inc. Closes $7.0M Private Placement of Sub Debt

Published June 21, 2017

MINT Holdings, Inc. has closed its $7.0M private placement of subordinated notes.

  • MINT Holdings, Inc. is the holding company for MINT National Bank.
  • Established in 2009, that bank has one branch located in Kingwood, TX.
  • The bank only took 5 years to produce an ROAA greater than 1.2%; it has remained above every year since.
  • The company intends to use the net proceeds from the offering for general corporate purposes including potential future acquisitions and support of organic growth.

Hovde Group, LLC served as sole placement agent for MINT Holdings, Inc.

Click the link above to download the full Transaction Alert.