Brean Capital Closes $25.0 Million Private Placement of Senior Corporate Notes for Nano Financial Holdings, Inc.
IRVINE, CA – Nano Financial Holdings, Inc. (“Nano”), the holding company for Nano Banc, announced the successful issuance of $25.0 Million Senior Corporate Notes, due July 1, 2026 (“Senior Notes”), with a consortium of qualified institutional investors. The Senior Notes will bear a fixed interest rate per annum, payable in arrears semi-annually on June 30 and December 31 of each year starting on December 31, 2024. Nano may repay all or a portion of the Senior Notes at any time without penalty.
Brean Capital, LLC served as Exclusive Financial Advisor and Sole Placement Agent in connection with the transaction.
Founded in 2017, Nano Financial Holdings, Inc. is the holding company for Nano Banc, an Irvine, California-based bank with total assets of approximately $1.0 billion serving the greater Los Angeles market. Nano Banc is a branch-lite, digital first, bank that offers a comprehensive range of banking products and services to individuals and businesses, with a mission of fostering community and business growth. Additional information is available on the bank’s website at https://www.nanobanc.com.
Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 50 years, the Firm has specialized in providing capital raising, M&A and financial advisory services to middle market businesses. Brean Capital has established a track record of providing its clients with deep market knowledge, commitment and experience to ensure a successful transaction. For more information, please visit: website.
