Banner Corp to redeem all $100M of 5.00% subordinated notes due 2030 on June 30, 2025

BANNER CORP

Redemption of $100M aggregate principal of 5.00% Fixed-to-Floating Rate Subordinated Notes due 2030.
Redemption date is June 30, 2025; price at 100% of principal plus accrued interest.
Payment funded from excess cash on hand; no new debt issuance planned.
Notes were originally issued under an indenture; redemption follows optional call provisions.

item 8.01

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.