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flag Hampton Financial raises $3M via private debentures, to refinance and boost operations.

flag Hampton Financial Corporation has raised $3 million through a private placement of debentures, which will mature in five years with an annual interest rate of 11%, paid quarterly. flag The funds will be used to retire a maturing convertible debenture and for working capital and general corporate purposes. flag The company operates in private equity, wealth management, and capital markets. flag Note that the securities are not registered under U.S. securities laws and are not available for sale in the U.S.

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