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Hampton Financial raises $3M via private debentures, to refinance and boost operations.
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.
The funds will be used to retire a maturing convertible debenture and for working capital and general corporate purposes.
The company operates in private equity, wealth management, and capital markets.
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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Hampton Financial recauda $3 millones a través de obligaciones privadas, para refinanciar e impulsar las operaciones.