{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-199266","form_type":"8-K","ticker":"SFNC","cik":"0000090498","company_name":"SIMMONS FIRST NATIONAL CORP","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.650677+00:00","generated_at":"2026-05-17T07:26:25.760746+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Simmons First National prices $325M subordinated notes at 6.25%; to repay 2028 notes","bullets":["Priced $325M 6.25% Fixed-to-Floating Rate Subordinated Notes due 2035 at 100% par.","Net proceeds approximated $321.3M after discounts and expenses; expected close Sept 12, 2025.","Proceeds, plus cash, to repay $330M of 5.00% Fixed-to-Floating Subordinated Notes due 2028.","Underwriters: Keefe, Bruyette & Woods (KBW) and Morgan Stanley; co-managers include Piper Sandler, Raymond James, Stephens.","Fixed rate period through Oct 1, 2030; then floating rate at 3-month SOFR + 302 bps quarterly."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-199266","json":"https://secwatch.observer/filing/0001193125-25-199266.json","markdown":"https://secwatch.observer/filing/0001193125-25-199266.md","text":"https://secwatch.observer/filing/0001193125-25-199266.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/90498/000119312525199266/0001193125-25-199266-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/90498/000119312525199266/d58948d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:26:25.760746+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}