secwatch.observer — SEC 8-K summary
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Issuer:     OCEANFIRST FINANCIAL CORP (OCFC)
CIK:        0001004702
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001193125-25-255537
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OceanFirst prices $185M of 6.375% subordinated notes due 2035; net proceeds ~$181.9M
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- Issued $185M aggregate principal of 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035.
- Interest fixed at 6.375% to Nov 15, 2030, then floats at 3-mo SOFR + 307.5 bps.
- Net proceeds ~$181.9M; will repay $125M of 5.25% subordinated notes due 2030.
- Remaining proceeds to support growth initiatives and general corporate purposes.
- Underwriters: Piper Sandler and Keefe, Bruyette & Woods; closing Oct 29, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004702/000119312525255537/0001193125-25-255537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004702/000119312525255537/d94221d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-255537

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