March 16, 2020 / 1:03 PM / in 24 days

BRIEF-Pacwest Bancorp Says Have Not Yet Seen Any Material Impacts To Clients/Borrowers Due To Coronavirus

March 16 (Reuters) - PacWest Bancorp:

* PACWEST BANCORP - HAVE NOT YET SEEN ANY MATERIAL IMPACTS TO CLIENTS/BORROWERS DUE TO CORONAVRUS

* PACWEST BANCORP - OUR HOTEL BORROWERS DID NOT APPEAR TO EXPERIENCE A REDUCTION IN DEMAND THROUGH FEB DUE TO CORONAVIRUS

* PACWEST BANCORP - IN MARCH, SOME BORROWERS BEGAN TO NOTE CANCELLATIONS BELIEVED TO BE COVID - 19 RELATED

* PACWEST BANCORP - HOTEL CONSTRUCTION BORROWERS HAVE NOT YET SEEN DELAYS IN MATERIALS OR LABOR SHORTAGES AS A RESULT OF COVID - 19 Source: (bit.ly/2Wi4ln9) Further company coverage:

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