debt
confidence high
sentiment neutral
materiality 0.40
Greene County Bancorp redeems $10M of subordinated notes, $20M remains
GREENE COUNTY BANCORP INC
- On Sept 15, 2026, redeemed $10.0M of 3.00% Fixed-to-Floating Rate Subordinated Notes due 2031 at 100% of principal plus accrued interest.
- Redemption funded with cash on hand; $20.0M aggregate principal of the Notes remains outstanding.
- Partial redemption reduces future interest expense on the redeemed portion.