secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH PLAINS FINANCIAL, INC. (SPFI)
CIK:        0001163668
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001140361-25-037396
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

South Plains Financial redeems $50M subordinated notes due 2030
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- Redeemed entire $50M principal of 4.50% Fixed to Floating Rate Subordinated Notes due 2030 on Sept 30, 2025.
- Redemption price was 100% of principal plus accrued and unpaid interest to the Redemption Date.
- Redemption was approved by the Company's primary federal regulator on August 22, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163668/000114036125037396/0001140361-25-037396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163668/000114036125037396/ef20056711_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-037396

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