Southside Bancshares Inc. Files Final Prospectus Supplement for $150 Million Subordinated Notes Offering

Reuters
Aug 09, 2025
<a href="https://laohu8.com/S/SBSI">Southside Bancshares</a> Inc. Files Final Prospectus Supplement for $150 Million Subordinated Notes Offering

Southside Bancshares Inc. has filed a prospectus with the U.S. Securities and Exchange Commission for the issuance and sale of $150 million in 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035. The offering is part of the company's registration statement on Form S-3, originally filed on April 28, 2023. The final prospectus supplement was submitted on August 8, 2025, following a preliminary version filed a day earlier. The underwriting agreement, involving Southside Bank and Keefe, Bruyette & Woods, Inc. as the representative of the underwriters, includes standard representations, warranties, and conditions to closing. The transaction is anticipated to close on or around August 14, 2025, pending customary closing conditions.

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. Southside Bancshares Inc. 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: 0001104659-25-075688), on August 08, 2025, and is solely responsible for the information contained therein.

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