First Busey issues conditional redemption notice for $125M subordinated notes due 2030

FIRST BUSEY CORP /NV/

Busey gives notice to redeem all $125M of 5.25% subordinated notes due 2030 at par plus accrued interest.
Redemption price totals ~$128.3M assuming June 1, 2025 redemption date, including accrued interest.
Redemption conditioned on completion of financing transactions and Federal Reserve approval; notice may be rescinded.
If conditions satisfied, redemption occurs on June 1, 2025 or later interest payment date up to Sept 1, 2025.

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