debt
confidence high
sentiment neutral
materiality 0.45
Byline Bancorp redeems $75M subordinated notes due 2030 at par
BYLINE BANCORP, INC.
- Redeemed entire $75M principal of 6.000% Fixed-to-Floating Rate Subordinated Notes due 2030 on Oct 1, 2025.
- Redemption price was 100% of principal plus accrued and unpaid interest to the redemption date.
- Redemption follows notice given on Aug 22, 2025, to noteholders.
- Eliminates future interest expense on the notes; no further floating-rate payments required.