Old Second Bancorp redeems $30M of 3.50% subordinated notes due 2031

OLD SECOND BANCORP INC

Redemption of $30M aggregate principal of 3.50% Fixed-to-Floating Rate Subordinated Notes due 2031.
Redemption date is April 15, 2026; redemption price is 100% of principal plus accrued interest.
After redemption, $30M aggregate principal of the notes will remain outstanding.
Federal Reserve Bank of Chicago provided non-objection to the redemption.

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