debt
confidence high
sentiment neutral
materiality 0.35
CoastalSouth Bancshares redeems $15M 5.95% subordinated notes due 2030
CoastalSouth Bancshares, Inc.
- Redeemed all $15M principal of 5.95% Fixed to Floating Rate Subordinated Notes due 2030 on Sept 15, 2025.
- Redemption price set at 100% of principal plus accrued unpaid interest through Sept 14, 2025.
- Notes originally issued September 9, 2020; redemption follows original terms.