Equity Bancshares Inc. has successfully completed a $75 million offering of 7.125% Fixed-to-Floating Rate Subordinated Notes due 2035. This transaction, finalized on July 17, 2025, involved Subordinated Note Purchase Agreements with qualified institutional buyers and accredited investors. Conducted as a private placement, the offering was exempt from registration under the Securities Act of 1933. The proceeds are intended for general corporate purposes, including debt repayment. The Notes, issued under an Indenture with UMB Bank, N.A. as trustee, mature on August 1, 2035, and are subordinate to the company's senior indebtedness. Additionally, a Registration Rights Agreement was established, mandating an exchange offer for registered subordinated notes. Failure to comply may result in additional interest obligations for Equity Bancshares.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。