{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-075113","form_type":"8-K","ticker":"EFSC","cik":"0001025835","company_name":"ENTERPRISE FINANCIAL SERVICES CORP","filed_at":"2026-06-17T20:01:27+00:00","discovered_at":"2026-06-17T20:03:00.440524+00:00","generated_at":"2026-06-17T20:08:00.227129+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Enterprise Financial issues $175M of 6.25% Fixed-to-Floating Subordinated Notes due 2036","bullets":["Issued $175M aggregate principal of 6.25% Fixed-to-Floating Rate Subordinated Notes due July 1, 2036.","Initial fixed rate 6.25% through June 30, 2031; thereafter floats at 3M Term SOFR + 232 bps paid quarterly.","Underwriting discount 1.25%; net proceeds approximately $172.8M for general corporate purposes.","Proceeds may be used to repay debt, pay dividends, support organic/acquisition growth, or invest in subsidiary bank.","Notes are subordinated and are not guaranteed by any subsidiary; redeemable at par after July 1, 2031."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-075113","json":"https://secwatch.observer/filing/0001104659-26-075113.json","markdown":"https://secwatch.observer/filing/0001104659-26-075113.md","text":"https://secwatch.observer/filing/0001104659-26-075113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1025835/000110465926075113/0001104659-26-075113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1025835/000110465926075113/tm2618148d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T20:08:00.227129+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"90d561e039c0a2af06df6f24e8ba84cdf6d6f7a9","claim":"ENTERPRISE FINANCIAL SERVICES CORP incurred senior notes of $175,000,000 with U.S. Bank Trust Company, National Association at 6.25% per annum fixed rate, then Three-Month Term SOFR plus 232 basis points flo maturing July 1, 2036.","evidence_excerpt":"On June 17, 2026, Enterprise Financial Services Corp (the “Company”) completed the issuance and sale (the “Offering”) of $175,000,000 aggregate principal amount of its 6.25% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025835/000110465926075113/0001104659-26-075113-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$175,000,000"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"6.25% per annum fixed rate, then Three-Month Term SOFR plus 232 basis points flo"},{"label":"Maturity","value":"July 1, 2036"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"72ba9016ff1cddd1e5282ec68db3c622c56287fd","claim":"ENTERPRISE FINANCIAL SERVICES CORP entered into First Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2026-06-17).","evidence_excerpt":"as supplemented by the First Supplemental Indenture, dated as of June 17, 2026 (the “First Supplemental Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025835/000110465926075113/0001104659-26-075113-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Effective","value":"2026-06-17"}],"fact_type":"material_agreement"},{"claim_id":"bf09a35733b49fa900491c369f0a13914c246357","claim":"ENTERPRISE FINANCIAL SERVICES CORP entered into Underwriting Agreement with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., as representatives of the several underwriters valued at $175,000,000 (effective 2026-06-12).","evidence_excerpt":"In connection with the Offering, the Company entered into an Underwriting Agreement, dated June 12, 2026 (the “Underwriting Agreement”), with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., as representatives of the several underwriters listed on Schedule A attached thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025835/000110465926075113/0001104659-26-075113-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., as representatives of the several underwriters"},{"label":"Value","value":"$175,000,000"},{"label":"Effective","value":"2026-06-12"}],"fact_type":"material_agreement"},{"claim_id":"f3147f2776c702620f3f583d5d37f386a54f280e","claim":"ENTERPRISE FINANCIAL SERVICES CORP entered into Base Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2026-06-17).","evidence_excerpt":"The Notes were issued under the Subordinated Indenture, dated as of June 17, 2026 (the “Base Indenture”), as supplemented by the First Supplemental Indenture, dated as of June 17, 2026 (the “First Supplemental Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025835/000110465926075113/0001104659-26-075113-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Effective","value":"2026-06-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}