secwatch.observer — SEC 8-K summary
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Issuer:     GREAT SOUTHERN BANCORP, INC. (GSBC)
CIK:        0000854560
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001171843-25-002655
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Southern Bancorp to redeem $75M subordinated notes on June 15, 2025
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- Redeeming all $75M principal of 5.50% Fixed-to-Floating Rate Subordinated Notes due 2030.
- Redemption price is 100% of principal plus accrued interest to June 15, 2025.
- Payment will be made from excess cash on hand; annual interest/amortization expense ~$4.4M eliminated.
- Reduction in debt and future interest expense improves capital efficiency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854560/000117184325002655/0001171843-25-002655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854560/000117184325002655/f8k_043025.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002655

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer