debt
confidence high
sentiment neutral
materiality 0.60
German American Bancorp to redeem $40M 4.50% subordinated notes due 2029 on Dec 30, 2025
GERMAN AMERICAN BANCORP, INC.
- Redeeming all $40M aggregate principal of 4.50% Fixed-to-Floating Rate Subordinated Notes due 2029.
- Redemption date December 30, 2025; price at 100% of principal plus accrued interest.
- Accrued interest payable approx. $702,025.57 (~$17.55 per $1,000 principal).
- Company exercising optional redemption right under Indenture dated June 25, 2019.