debt
confidence high
sentiment neutral
materiality 0.30
SmartFinancial extends exchange offer for $100M 7.25% subordinated notes due 2035 to Jan 9
SMARTFINANCIAL INC.
- Exchange offer now expires at 5:00 p.m. NY time on January 9, 2026.
- $82.5M aggregate principal (82.5% of outstanding) tendered as of January 2, 2026.
- Notes carry 7.25% fixed-to-floating rate, mature 2035, originally issued August 20, 2025.
- Offer exchanges unregistered private-placement notes for identical registered notes.