secwatch / observer
8-K filed March 25, 2026, 7:59 PM ET ticker BSPA CIK 0002094107
debt confidence high sentiment neutral materiality 0.55

Ballston Spa Bancorp completes $26M subordinated notes offering at 7.375% for proposed merger

Ballston Spa Bancorp, Inc.

item 1.01item 2.03item 7.01item 9.01

Machine-readable event card

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0002094107
company_name
Ballston Spa Bancorp, Inc.
filed_at
2026-03-25T23:59:59+00:00
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https://www.sec.gov/Archives/edgar/data/2094107/000110465926034602/0001104659-26-034602-index.htm
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https://www.sec.gov/Archives/edgar/data/2094107/000110465926034602/tm269754d1_8k.htm
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JSON Markdown Plain text

Source-grounded claims

0fcf5c91f21c14e25fa43a3dfdda538477c70d72

Ballston Spa Bancorp, Inc. incurred senior notes of $26.0 million at 7.375% maturing April 1, 2036.

the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

9e0612db176ca8013122f74024e74839a783e02a

Ballston Spa Bancorp, Inc. entered into Subordinated Note Purchase Agreements with certain qualified institutional buyers and institutional accredited investors valued at $26.0 million (effective 2026-03-25).

On March 25, 2026, Ballston Spa Bancorp, Inc. (the "Company") entered into Subordinated Note Purchase Agreements (collectively, the "Subordinated Note Purchase Agreements") with certain qualified institutional buyers and institutional accredited investors (collectively, the "Subordinated Note Purchasers") pursuant to which the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

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same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 7.01, 9.01 same event type: debt similar materiality

This filing

the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

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the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

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the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

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the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

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the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

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the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

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This filing

the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

Comparable filing

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same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

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the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036

Comparable filing

Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has

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Source: SEC EDGAR
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