debt
confidence high
sentiment neutral
materiality 0.55
M&T Bank closes $850M senior notes offering at 6.082% fixed/floating rate due 2032
M&T BANK CORP
- Public offering of $850M aggregate principal amount closed March 13, 2024.
- Notes bear interest at 6.082% fixed rate for first 5 years, then floating rate.
- Senior Medium-Term Notes mature on March 13, 2032.
- Issued under M&T's existing shelf registration on Form S-3.
- Legal opinion from Squire Patton Boggs filed as exhibit.