Cohen & Co unit extends Byline Bank loan facility maturity to June 2028
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- Cohen & Company Securities amended its revolving loan agreement with Byline Bank, keeping borrowing capacity at up to USD 15 million.
- Maturity date extended to June 18, 2028 from June 18, 2026.
- Failure to maintain at least USD 30 million of Excess Net Capital becomes an event of default unless cured within two business days.
- Tangible net worth covenant rises to USD 80 million from USD 70 million starting March 31, 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cohen & Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-076368), on June 22, 2026, and is solely responsible for the information contained therein.
