Trustmark shares rise 3.8% after $91.7m sale-leaseback
Trustmark NASDAQ:TRMK shares jumped 3.8% in the afternoon session. The move followed the company’s $91.7 million sale-leaseback across 34 branch properties and a securities portfolio restructuring to acquire higher-yielding assets.
7 million sale-leaseback transaction covering 34 branch properties. The bank also restructured its securities portfolio to acquire higher-yielding assets.