EQUITY BANCSHARES INC (EQBK): debt financing — Equity Bancshares raises $75M via 7.125% subordinated notes due 2035

EQUITY BANCSHARES INC

Issued $75M aggregate principal of 7.125% Fixed-to-Floating Rate Subordinated Notes due Aug 1, 2035.
Fixed rate of 7.125% for first 5 years; then floats at 3-month SOFR plus 349 bps.
Notes are unsecured, subordinated obligations intended to qualify as Tier 2 capital.
Net proceeds to be used for general corporate purposes and repayment of indebtedness.

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

EQUITY BANCSHARES INC incurred senior notes of $75 million at 7.125% Fixed-to-Floating Rate maturing mature on August 1, 2035.

Instrument: senior notes
Principal: $75 million
Rate: 7.125% Fixed-to-Floating Rate
Maturity: mature on August 1, 2035
Event: incurrence

Exact text from the filing

On July 17, 2025, Equity Bancshares, Inc. (the “Company”) completed an offering of $75 million in aggregate principal amount of its 7.125% Fixed-to-Floating Rate Subordinated Notes due 2035

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

EQUITY BANCSHARES INC filing history →

Source: SEC EDGAR

accession 0001193125-25-160898

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