Lending Club Announces Acquisition of Radius Bank
Extra information on purchase of Radius, such as the Temporary Bank Charter Protection Agreement, should be found in a present report on form 8-K that LendingClub should be filing using the Securities and Exchange Commission вЂ“ available in the SECвЂ™s internet site.
AdvisorsJ.P. Morgan Securities LLC served as exclusive economic advisor to LendingClub associated with the deal and Sullivan and Cromwell LLP served as the lawyer. Also, Broadhaven Capital Partners and Piper Sandler served as economic advisors to Radius Bancorp and Hogan Lovells United States LLP served as the counsel that is legal in because of the deal.
Conference Call and Webcast Lending Club will host a seminar call to go over the quarter that is fourth complete 12 months economic outcomes today.
Webcast information A real time webcast associated with the call will likely to be available beneath the Filings & Financials menu in Quarterly outcomes. To get into the decision please dial or beyond your U.S. with Conference ID 7474063 ten full minutes just before 2:00 p.m. Pacific Time (or 5:00 p.m. Eastern Time).
ReplayAn archive that is audio of call should be available
An sound replay will be available one hour following the end of this call until by calling or outside of the U.S. with Conference ID.
About LendingClubLendingClub ended up being established to change the bank operating system in order to make credit more investing and affordable more worthwhile. Today, LendingClubвЂ™s on line credit market links borrowers and investors to produce more effective and access that is affordable credit.