---
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"
generated_at: "2026-05-17T17:51:00.313464+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Byline Bancorp issues $75M 6.875% sub notes due 2035, redeems $75M 6.00% notes due 2030

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-105001
- JSON: https://secwatch.observer/filing/0000950170-25-105001.json
- Plain text: https://secwatch.observer/filing/0000950170-25-105001.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $75.0 million in aggregate principal amount
  - Counterparty: certain institutional accredited investors and qualified institutional buyers
  - Rate: 6.875% Fixed-to-Floating
  - Maturity: August 15, 2035
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1702750/000095017025105001/0000950170-25-105001-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.