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First Internet Bancorp Completes $20.5 Million Subordinated Notes Offering

First Internet Bancorp Completes $20.5 Million Subordinated Notes Offering

MT newswireMT newswire2026/09/10 21:10
05:10 PM EDT, 09/10/2026 (MT Newswires) -- First Internet Bancorp (INBK) completed a $20.5 million private placement of 8% fixed-to-floating-rate subordinated notes due 2036. The company said Thursday in a regulatory filing it plans to use the proceeds for general corporate purposes, including potentially retiring higher-rate debt.
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