secwatch.observer — SEC 8-K summary
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Issuer:     HBT Financial, Inc. (HBT)
CIK:        0000775215
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0000775215-26-000028
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/0000775215-26-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/775215/000077521526000028/hbt-20260311.htm
  HTML page:      https://secwatch.observer/filing/0000775215-26-000028

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