debt
confidence high
sentiment neutral
materiality 0.55
Park National to redeem all $175M of 4.50% subordinated notes due 2030 on Sept 1, 2025
PARK NATIONAL CORP /OH/
- Redeeming all $175M outstanding 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030.
- Redemption price = 100% of principal plus accrued interest to but excluding Sept 1, 2025.
- Redemption date set for September 1, 2025; notice given under Indenture dated Aug 20, 2020.
- U.S. Bank National Association is trustee; holders should refer to formal redemption notice.
item 8.01item 9.01