secwatch / observer
8-K filed March 13, 2023, 7:59 PM ET ticker BPOP CIK 0000763901
debt confidence high sentiment neutral materiality 0.55

POPULAR, INC. (BPOP): debt financing — $400M 7.25% Senior Notes due 2028 issued; proceeds to redeem $300M maturing 6.125% notes

POPULAR, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

POPULAR, INC. incurred senior notes of $400,000,000 with The Bank of New York Mellon at 7.25% per annum maturing March 13, 2028.

Instrument
senior notes
Principal
$400,000,000
Counterparty
The Bank of New York Mellon
Rate
7.25% per annum
Maturity
March 13, 2028
Event
incurrence
Exact text from the filing
On March 13, 2023, Popular, Inc. (the “Corporation”) issued $400,000,000 aggregate principal amount of its 7.25% Senior Notes due 2028 (the “Notes”) in an underwritten public offering
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

POPULAR, INC. entered into Tenth Supplemental Indenture with The Bank of New York Mellon valued at $400,000,000 aggregate principal amount of 7.25% Senior Notes due 2028 (effective 2023-03-13).

Action
entry
Agreement
notes offering
Counterparty
The Bank of New York Mellon
Value
$400,000,000 aggregate principal amount of 7.25% Senior Notes due 2028
Effective
2023-03-13
Exact text from the filing
On March 13, 2023, Popular, Inc. (the “Corporation”) issued $400,000,000 aggregate principal amount of its 7.25% Senior Notes due 2028 (the “Notes”) in an underwritten public offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission.
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

POPULAR, INC. filing history →

Source: SEC EDGAR
accession 0001193125-23-069071
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