Company Order to Increase Principal Amount of 5.75% Subordinated Notes (Limestone Bancorp, Inc. and Wilmington Trust, N.A.)

Summary

Limestone Bancorp, Inc. has issued a formal order to Wilmington Trust, National Association, as trustee, to increase the total principal amount of its 5.75% Fixed-to-Floating Rate Subordinated Notes due 2029 from $17 million to $25 million. This order authorizes the trustee to reopen the series and issue an additional $8 million in notes under the existing indenture. The agreement is acknowledged and accepted by both parties, with all terms governed by the original indenture dated July 23, 2019.

EX-4.2 2 a52255224ex4_2.htm EXHIBIT 4.2

Exhibit 4.2

Limestone Bancorp, Inc.

2500 Eastpoint Parkway

Louisville, Kentucky 40223

July 21, 2020

Wilmington Trust, National Association

1100 North Market Street

Wilmington, DE 19890

Attention: Limestone Bancorp, Inc. Administrator

Re: Company Order to Increase Aggregate Principal Amount of 5.75% Fixed-to-Floating Rate Subordinated Notes due 2029

Ladies and Gentlemen:

The undersigned hereby delivers to you this Company Order pursuant to the Indenture dated as of July 23, 2019 (the "Indenture"), between Limestone Bancorp, Inc., a Kentucky corporation (the "Company"), and you, as trustee (the "Trustee"). The Indenture relates to the Company's 5.75% Fixed-to-Floating Rate Subordinated Notes due 2029 (the “Notes”) issuable pursuant to the Indenture. Capitalized terms used but not defined herein shall have the meanings given them in the Indenture.

Pursuant to Section 2.05 of the Indenture, you, as Trustee, are hereby authorized and directed to (i) increase the aggregate principal amount of the Outstanding Subordinated Notes to be issued under the Indenture from $17,000,000 to $25,000,000, and (ii) reopen the series of Notes for issuances of additional Notes in the aggregate principal amount of $8,000,000 (the “Additional Notes”) upon Company Order.

[Signature page follows]

Wilmington Trust, National Association

July 21, 2020

Page 2

	Very truly yours,

	LIMESTONE BANCORP, INC.

	By:	/s/ John T. Taylor
	Name: John T. Taylor
	Title: President and Chief Executive Officer

Wilmington Trust, National Association

July 21, 2020

Page 3

The undersigned, as Trustee under the Indenture referred to above, acknowledges receipt of the Company Order to (i) increase the aggregate principal amount of the Outstanding Subordinated Notes to be issued under the Indenture from $17,000,000 to $25,000,000, and (ii) reopen the series of Notes for issuances of additional Notes in the aggregate principal amount of $8,000,000 upon Company Order.

	WILMINGTON TRUST, NATIONAL
	ASSOCIATION, as Trustee


	By:	/s/ Michael Wass
		Name: Michael Wass
		Title: Vice President