C&F Financial Corporation has announced the successful entry into a new financing agreement, issuing $40 million in subordinated notes. The agreement, finalized on June 6, 2025, features 7.50% fixed-to-floating rate notes due 2035. The issuance was executed under exemptions from registration provided by Section 4(a)(2) of the Securities Act of 1933. These unsecured, subordinated obligations are structured to qualify as Tier 2 capital under regulatory guidelines for bank holding companies. The proceeds are earmarked for refinancing existing subordinated debt and supporting future growth initiatives. Concurrently, C&F Financial Corporation repurchased $20 million of its 4.875% subordinated notes due 2030, streamlining its financial obligations.