---
schema_version: "secwatch.filing_event.v1"
accession: "0000775215-26-000028"
form_type: "8-K"
ticker: "HBT"
cik: "0000775215"
company_name: "HBT Financial, Inc."
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T15:18:14.005345+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HBT Financial issues $85M subordinated notes at 5.75% fixed rate, due 2036

## Summary
- 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.

## SEC filing metadata
- accession: 0000775215-26-000028
- form_type: 8-K
- ticker: HBT
- cik: 0000775215
- company_name: HBT Financial, Inc.
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/0000775215-26-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/hbt-20260311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000775215-26-000028
- JSON: https://secwatch.observer/filing/0000775215-26-000028.json
- Plain text: https://secwatch.observer/filing/0000775215-26-000028.txt

## Source-grounded claims
- claim_id: 0f03684ad228cbeefd57eb40514dc40f6f33ecb3
  claim: HBT Financial, Inc. incurred senior notes of $85.0 million at 5.75% per year maturing March 15, 2036.
  evidence_excerpt: the Company sold and issued $85.0 million in aggregate principal amount of its 5.75% Fixed-to-Floating Rate Subordinated Notes due 2036
  evidence_url: https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/0000775215-26-000028-index.htm
- claim_id: 2c2ec8ef9d5b422f33cd589d2eca9a41df96f74c
  claim: HBT Financial, Inc. entered into Registration Rights Agreement with certain institutional accredited investors and qualified institutional buyers (effective 2026-03-11).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/0000775215-26-000028-index.htm
- claim_id: 63c5d0984cafeaa7a41c3533dc70ce9e08f94555
  claim: 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).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/0000775215-26-000028-index.htm
- claim_id: 6abf531268c0ee65b3ae953f105584b2734fee6b
  claim: HBT Financial, Inc. entered into Indenture with UMB, N.A. (effective 2026-03-11).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/0000775215-26-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.