secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH PLAINS FINANCIAL, INC. (SPFI)
CIK:        0001163668
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001140361-23-057924
Event type: debt
Sentiment:  positive
Materiality: 0.35
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

South Plains Financial redeems $12.4M subordinated notes due 2028
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- Redeemed entire $12,372,000 principal of 2028 Notes on Dec 15, 2023.
- Redemption price was 100% of principal plus accrued interest to Dec 15.
- Redemption approved by primary federal regulator on Oct 30, 2023.
- Holders receive payment upon surrendering notes to trustee/paying agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163668/000114036123057924/0001140361-23-057924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163668/000114036123057924/ef20016781_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-057924

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