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Bank of Butterfield Announces Prepayment of Series A Subordinated Notes
Hamilton, Bermuda: May 5, 2008 - The BSX has been advised by The Bank of N.T. Butterfield & Son Limited (NTB.BH) that it has notified the registered holders of the Series A Subordinated Notes due 2013 (the "Series A Notes") of its intent to prepay the US$78 million principal amount outstanding on all the Series A Notes, together with all accrued and unpaid interest thereon, on May 27, 2008, being the fifth anniversary of this issue.