secwatch.observer — SEC 8-K summary
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Issuer:     HOME BANCSHARES INC (HOMB)
CIK:        0001331520
Form:       8-K
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001193125-22-011206
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home BancShares completes $300M subordinated notes offering due 2032
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- Issued $300M in 3.125% fixed-to-floating rate subordinated notes due Jan 30, 2032.
- Net proceeds of ~$297.2M after underwriting discounts; Piper Sandler sole bookrunner.
- Proceeds for general corporate purposes, including repayment of existing subordinated debt and potential Happy Bancshares acquisition.
- Interest fixed at 3.125% through Jan 2027, then floats at Three-Month Term SOFR + 182 bps.
- Notes are unsecured subordinated obligations; callable at par on/after Jan 30, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331520/000119312522011206/0001193125-22-011206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331520/000119312522011206/d409702d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-011206

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