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BRIEF-HMN Financial prepays obligations under loan agreement with Project Hawkeye
August 31, 2017 / 4:09 PM / 3 months ago

BRIEF-HMN Financial prepays obligations under loan agreement with Project Hawkeye

Aug 31 (Reuters) - HMN Financial Inc:

* Says on Aug 31, co voluntarily prepaid all obligations under the loan agreement with Project Hawkeye dated Dec 15, 2014‍​ - SEC filing‍​

* Says ‍amount of prepayment was $7.1 million which included outstanding principal balance of $7.0 million and accrued but unpaid interest on note​

* Says ‍prepayment amount was funded by $6.0 million cash dividend from co's unit, Home Federal Savings Bank, and existing company cash​ Source text: (bit.ly/2xPvXjL) Further company coverage:

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