Franklin Financial Services Corporation has announced a partial redemption of its 5.00% Fixed to Floating Rate Notes, originally due on September 1, 2030. The redemption, set for September 30, 2025, will cover 60% of the aggregate principal amount, totaling $9 million. This move aligns with the company's strategic financial management plan, as it will use excess cash on hand for the redemption payment. The redemption will also include accrued and unpaid interest up to the redemption date.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Financial Services Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000723646-25-000065), on August 25, 2025, and is solely responsible for the information contained therein.