secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2022-03-17T23:59:59+00:00
Accession:  0001056288-22-000017
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes issues $350M of 3.29% senior notes due 2032
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- Issued $350M unsecured senior notes at 3.29% fixed, maturing March 17, 2032.
- Proceeds to fund share repurchases, acquisitions, pay down existing debt, and general corporate purposes.
- Notes include interest coverage and leverage ratio covenants; company in compliance at issuance.
- Private placement to institutional investors under Section 4(a)(2); Citigroup and PNC as lead placement agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000017/0001056288-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000017/fhi-20220317.htm
  HTML page:      https://secwatch.observer/filing/0001056288-22-000017

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