secwatch.observer — SEC 8-K summary
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Issuer:     SYNOVUS FINANCIAL CORP (—)
CIK:        0000018349
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0000018349-25-000137
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synovus Bank issues $500M subordinated notes at 5.957% due 2036
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- Issued $500M aggregate principal of 5.957% Fixed-to-Fixed Rate Subordinated Bank Notes due 2036.
- Interest fixed at 5.957% through Jan 15, 2031, then resets to 5-year UST + 2.300% until Jan 15, 2036.
- Net proceeds of approximately $496M after commissions and expenses; used for general corporate purposes.
- Notes are subordinated obligations of Synovus Bank, not guaranteed by Synovus Financial Corp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18349/000001834925000137/0000018349-25-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18349/000001834925000137/syn-20251209.htm
  HTML page:      https://secwatch.observer/filing/0000018349-25-000137

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