debt
confidence high
sentiment neutral
materiality 0.65
Southside Bancshares prices $150M subordinated notes offering at 7.00%
SOUTHSIDE BANCSHARES INC
- Issued $150M aggregate principal of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035.
- Underwriting agreement with Keefe, Bruyette & Woods as representative of underwriters.
- Expected closing date on or about August 14, 2025, subject to customary conditions.
- Notes issued under existing S-3 shelf registration statement.
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