secwatch.observer — SEC 8-K summary
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Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001193125-23-065451
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Popular, Inc. prices $400M of 7.25% Senior Notes due 2028 to refinance debt
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- $400M aggregate principal of 7.25% Senior Notes due March 13, 2028; interest payable March 13 and Sept 13.
- Net proceeds to redeem $300M of 6.125% Senior Notes maturing Sept 14, 2023.
- Joint book-runners: BofA Securities, Goldman Sachs, Morgan Stanley.
- Offering expected to close on or about March 13, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312523065451/0001193125-23-065451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312523065451/d481762d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-065451

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