secwatch.observer — SEC 8-K summary
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Issuer:     QCR HOLDINGS INC (QCRH)
CIK:        0000906465
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001104659-25-089992
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QCR Holdings closes $70M subordinated note offering to refinance existing debt
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- Issued $50M of 6.875% Fixed-to-Floating Notes due 2035 and $20M of 7.225% Notes due 2037.
- Proceeds used to redeem $50M of 5.125% Notes due 2030 and $20M of 5.25% Notes due 2030.
- New notes qualify as Tier 2 capital; fixed rates switch to SOFR+350 bps and SOFR+375 bps after 5 and 7 years.
- CEO Todd Gipple highlighted blended coupon below 7% as competitive; private placement with a local company.
- No equity dilution; notes are unsecured, subordinated obligations with limited acceleration triggers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906465/000110465925089992/0001104659-25-089992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906465/000110465925089992/tm2525783d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-089992

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