{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-269732","form_type":"8-K","ticker":"UVSP","cik":"0000102212","company_name":"UNIVEST FINANCIAL Corp","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.564695+00:00","generated_at":"2026-05-16T23:19:20.485652+00:00","sec_items":["1.01","2.03","7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Univest issues $50M 6.00% subordinated notes due 2035, plans to redeem $80M existing notes","bullets":["Closed $50M private placement of 6.00% fixed-to-floating rate subordinated notes due November 15, 2035.","Proceeds will redeem $80M of outstanding 5.00% subordinated notes due 2030 (currently 9.15% floating rate).","Notes qualify as Tier 2 capital for regulatory purposes; maturity Nov 2035, first five years fixed at 6.00%.","Redemption of $80M notes expected on or about November 15, 2025 at 100% principal plus accrued interest.","Piper Sandler & Co. served as sole placement agent for the offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-269732","json":"https://secwatch.observer/filing/0001193125-25-269732.json","markdown":"https://secwatch.observer/filing/0001193125-25-269732.md","text":"https://secwatch.observer/filing/0001193125-25-269732.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102212/000119312525269732/0001193125-25-269732-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102212/000119312525269732/d64897d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:19:20.485652+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":[{"claim_id":"e9b2b3e9d4d5f07c4251254dcdd940046d61026b","claim":"UNIVEST FINANCIAL Corp incurred senior notes of $50.0 million at 6.00% Fixed-to-Floating Rate maturing November 15, 2035.","evidence_excerpt":"the Company issued $50.0 million in aggregate principal amount of its 6.00% Fixed-to-Floating Rate Subordinated Notes due 2035","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/102212/000119312525269732/0001193125-25-269732-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$50.0 million"},{"label":"Rate","value":"6.00% Fixed-to-Floating Rate"},{"label":"Maturity","value":"November 15, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}