secwatch.observer — SEC 8-K summary
======================================

Issuer:     ORRSTOWN FINANCIAL SERVICES INC (ORRF)
CIK:        0000826154
Form:       8-K
Filed at:   2025-08-29T23:59:59+00:00
Accession:  0000826154-25-000183
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orrstown to redeem all $32.5M of 6.0% subordinated notes due 2028 on Sept 30, 2025
--------------------------------------------------------------------------------

- Board approved redemption of $32,500,000 outstanding 6.0% fixed-to-floating rate subordinated notes.
- Redemption price is 100% of principal plus accrued interest to Sept 30, 2025.
- Notes originally issued under indenture dated Dec 19, 2018 with U.S. Bank as trustee.
- Notice of redemption will be delivered separately by the trustee to noteholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826154/000082615425000183/0000826154-25-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826154/000082615425000183/orrf-20250827.htm
  HTML page:      https://secwatch.observer/filing/0000826154-25-000183

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer