debt
confidence high
sentiment neutral
materiality 0.50
Hilltop Holdings redeems $50M of 5.75% subordinated notes due 2030
Hilltop Holdings Inc.
- Redeemed all $50M principal of 5.75% Fixed-to-Floating Rate Subordinated Notes on May 15, 2025.
- Redemption price includes accrued interest up to but excluding the redemption date.
- Funds deposited with trustee to satisfy and discharge obligations under the notes.
- Notes had converted from fixed to floating rate on the redemption date.