HBT Financial, Inc. (HBT): debt financing — HBT Financial issues $85M subordinated notes at 5.75% fixed rate, due 2036

HBT Financial, Inc.

Issued $85M aggregate principal of 5.75% Fixed-to-Floating Rate Subordinated Notes due 2036.
Interest fixed at 5.75% for first 5 years, then resets quarterly at 3-month SOFR + 233 bps.
Notes redeemable at par on or after March 15, 2031; intended to qualify as Tier 2 capital.
Net proceeds to be used for general corporate purposes, including potential share repurchases.
Piper Sandler acted as sole placement agent; notes sold in private placement to accredited investors.

item 1.01 item 2.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HBT Financial, Inc. incurred senior notes of $85.0 million at 5.75% per year maturing March 15, 2036.

Instrument: senior notes
Principal: $85.0 million
Rate: 5.75% per year
Maturity: March 15, 2036
Event: incurrence

Exact text from the filing

the Company sold and issued $85.0 million in aggregate principal amount of its 5.75% Fixed-to-Floating Rate Subordinated Notes due 2036

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HBT Financial, Inc. entered into Registration Rights Agreement with certain institutional accredited investors and qualified institutional buyers (effective 2026-03-11).

Action: entry
Agreement: underwriting
Counterparty: certain institutional accredited investors and qualified institutional buyers
Effective: 2026-03-11

Exact text from the filing

On March 11, 2026, in connection with the sale and issuance of the Notes, the Company entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the Purchasers.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HBT Financial, Inc. entered into Subordinated Note Purchase Agreement with certain institutional accredited investors and qualified institutional buyers valued at $85.0 million (effective 2026-03-11).

Action: entry
Agreement: notes offering
Counterparty: certain institutional accredited investors and qualified institutional buyers
Value: $85.0 million
Effective: 2026-03-11

Exact text from the filing

On March 11, 2026, HBT Financial, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with certain institutional accredited investors and qualified institutional buyers (collectively, the “Purchasers”) pursuant to which the Company sold and issued $85.0 million in aggregate principal amount of its 5.75% Fixed-to-Floating Rate Subordinated Notes due 2036

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HBT Financial, Inc. entered into Indenture with UMB, N.A. (effective 2026-03-11).

Action: entry
Agreement: notes offering
Counterparty: UMB, N.A.
Effective: 2026-03-11

Exact text from the filing

The Notes were issued under an Indenture, dated March 11, 2026 (the “Indenture”), by and between the Company and UMB, N.A., as trustee (the “Trustee”).

View on SEC.gov

Browse all debt financings →

HBT Financial, Inc. filing history →

Source: SEC EDGAR

accession 0000775215-26-000028

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.