secwatch.observer — SEC 8-K summary
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Issuer:     WEBSTER FINANCIAL CORP (WBS)
CIK:        0000801337
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0001193125-25-201325
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Webster Financial issues $350M of 5.784% Fixed Rate Reset Subordinated Notes due 2035
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- Issued $350M aggregate principal of 5.784% Fixed Rate Reset Subordinated Notes due 2035.
- Initial fixed rate of 5.784% for the first five years (through Sep 11, 2030).
- After reset date, rate equals 5-year U.S. Treasury Rate plus 212.5 bps, floored at zero.
- Notes mature Sep 11, 2035; interest payable semiannually on Mar 11 and Sep 11 starting Mar 11, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/801337/000119312525201325/0001193125-25-201325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/801337/000119312525201325/d62919d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-201325

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