FB Financial prices USD 125 million subordinated notes offering
Bitget2026/09/24 20:07- FB Financial priced a USD 125 million offering of 6.625% Fixed-to-Floating Rate Subordinated Notes due 2036.
- Proceeds earmarked for general corporate purposes, including capital support for FirstBank growth.
- Coupon fixed at 6.625% until Oct. 1, 2031, then resets to Three-Month Term SOFR + 205 basis points, with a zero floor.
- Redemption allowed from Oct. 1, 2031, or earlier upon specified tax or regulatory capital events, at par plus accrued interest.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Crypto prices
More
