BayFirst Financial Amends Subordinated Notes to Capitalize Interest and Adds Step-Up Provision

Reuters

Jan 07

BayFirst Financial Amends Subordinated Notes to Capitalize Interest and Adds Step-Up Provision

BayFirst Financial Corp. has reached an agreement with holders of its $6 million subordinated notes to increase the principal by the amount of interest due through June 30, 2026, instead of making regular interest payments. If the company does not pay all amounts due by that date, the outstanding principal will be increased by 3% or holders will receive a 3% payment, at the company's option. BayFirst also received approval to defer a quarterly interest payment on a $1.6 million term loan until March 2026.

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. Bayfirst Financial Corp. 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: 0001649739-26-000003), on January 06, 2026, and is solely responsible for the information contained therein.

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ID: 0001649739-26-000003), on January 06, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260106:nNDL51Rs5q:1","article_id":"2601843342","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601843342","pubTimestamp":1767734264,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BayFirst Financial Corp. has reached an agreement with holders of its $6 million subordinated notes to increase the principal by the amount of interest due through June 30, 2026, instead of making regular interest payments. If the company does not pay all amounts due by that date, the outstanding principal will be increased by 3% or holders will receive a 3% payment, at the company's option. BayFirst also received approval to defer a quarterly interest payment on a $1.6 million term loan until March 2026.Disclaimer: This news brief was created by Public Technologies  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. Bayfirst Financial Corp. 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. Secu","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","BAFN":"Bayfirst Financial Corp"},"translate_title":"BayFirst Financial修改次级票据以将利息资本化并增加增量准备金","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAFN":0.9},"content_text":"BayFirst Financial Amends Subordinated Notes to Capitalize Interest and Adds Step-Up Provision\n    \n\n        BayFirst Financial Corp. has reached an agreement with holders of its $6 million subordinated notes to increase the principal by the amount of interest due through June 30, 2026, instead of making regular interest payments. 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ID: 0001649739-26-000003), on January 06, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}