Orrstown Financial Services Inc. has announced the redemption of its outstanding $32.5 million 6.0% Fixed-to-Floating Rate Subordinated Notes due 2028. The company plans to redeem the notes on September 30, 2025, at a cash redemption price equal to 100% of the principal amount, along with any accrued and unpaid interest up to the redemption date. This strategic financial move reflects Orrstown's commitment to managing its debt obligations effectively.
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