Old National Bancorp has completed the issuance and sale of $450 million aggregate principal amount of its 5.768% Fixed-to-Floating Rate Subordinated Notes due 2036. The offering was conducted under the company's registration statement on Form S-3, with the notes sold at an underwriting discount of 0.75%, resulting in net proceeds of approximately $446.6 million before expenses. The company plans to use the net proceeds for general corporate purposes. The notes are subordinated, ranking junior to all existing and future senior indebtedness, and are not guaranteed by any subsidiaries. The issuance was managed by Keefe, Bruyette & Woods, Inc. and Morgan Stanley & Co. LLC as representatives of the underwriters.

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. Old National Bancorp 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: 0001104659-26-007980), on January 29, 2026, and is solely responsible for the information contained therein.