{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-105001","form_type":"8-K","ticker":"BY","cik":"0001702750","company_name":"BYLINE BANCORP, INC.","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.712802+00:00","generated_at":"2026-05-17T17:51:00.313464+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Byline Bancorp issues $75M 6.875% sub notes due 2035, redeems $75M 6.00% notes due 2030","bullets":["Issued $75.0M aggregate principal of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035.","Net proceeds to redeem $75.0M of outstanding 6.00% Fixed-to-Floating Subordinated Notes due 2030.","Notes qualify as Tier 2 regulatory capital; fixed rate 6.875% until 2030 then floating at 3M SOFR+322bps.","Piper Sandler sole placement agent; notes unregistered private placement."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-105001","json":"https://secwatch.observer/filing/0000950170-25-105001.json","markdown":"https://secwatch.observer/filing/0000950170-25-105001.md","text":"https://secwatch.observer/filing/0000950170-25-105001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702750/000095017025105001/0000950170-25-105001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702750/000095017025105001/by-20250807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:51:00.313464+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"70f0b5fe05787f238dbe217fedb8b05405d1762b","claim":"BYLINE BANCORP, INC. incurred senior notes of $75.0 million in aggregate principal amount with certain institutional accredited investors and qualified institutional buyers at 6.875% Fixed-to-Floating maturing August 15, 2035.","evidence_excerpt":"On August 7, 2025, Byline Bancorp, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with certain institutional accredited investors and qualified institutional buyers (the “Purchasers”) pursuant to which the Company sold and issued $75.0 million in aggregate principal amount of its 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702750/000095017025105001/0000950170-25-105001-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75.0 million in aggregate principal amount"},{"label":"Counterparty","value":"certain institutional accredited investors and qualified institutional buyers"},{"label":"Rate","value":"6.875% Fixed-to-Floating"},{"label":"Maturity","value":"August 15, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}