Franklin Financial Services Corporation Announces Partial Redemption of $9 Million Fixed to Floating Rate Notes

Reuters
Aug 26, 2025
Franklin Financial Services Corporation Announces Partial Redemption of $9 Million Fixed to Floating Rate Notes

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.

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