Home BancShares, Inc. Announces Pricing of Subordinated Notes Offering
Retrieved on:
Thursday, January 13, 2022
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The Notes will initially bear interest at 3.125% per annum, payable semiannually in arrears, commencing on the issue date, to, but excluding, January 30, 2027.
Key Points:
- The Notes will initially bear interest at 3.125% per annum, payable semiannually in arrears, commencing on the issue date, to, but excluding, January 30, 2027.
- The Company may redeem the Notes, in whole or in part, after January 30, 2027, at a price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest.
- The Notes will mature on January 30, 2032 if they are not earlier redeemed, and are intended to qualify as Tier 2 capital of the Company for regulatory purposes.
- Alternatively, you may obtain a copy of the prospectus supplement and accompanying prospectus for the offering by contacting: Piper Sandler & Co. at [email protected].