FIRST FINANCIAL BANCORP /OH/ (FFBC): debt financing — First Financial Bancorp prices $300M 6.375% subordinated notes due 2035

FIRST FINANCIAL BANCORP /OH/

$300M aggregate principal; net proceeds ~$296M after 1.25% underwriting discount.
Fixed 6.375% to Dec 1 2030, then floats at 3-month SOFR + 300 bps.
Matures Dec 1 2035; callable at par on/after Dec 1 2030 or upon tax/capital event.
Proceeds for general corporate purposes, including potential redemption of 5.25% notes due 2030.
Notes qualify as Tier 2 capital; joint book-runners KBW and Janney.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FIRST FINANCIAL BANCORP /OH/ incurred senior notes of $300,000,000 aggregate principal amount at 6.375% Fixed-to-Floating Rate maturing December 1, 2035.

Instrument: senior notes
Principal: $300,000,000 aggregate principal amount
Rate: 6.375% Fixed-to-Floating Rate
Maturity: December 1, 2035
Event: incurrence

Exact text from the filing

On November 10, 2025, First Financial Bancorp. (the “Company”) completed the issuance and sale (the “Offering”) of $300,000,000 aggregate principal amount of its 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”).

View on SEC.gov

317 debt financings filed in the last 30 days. Browse all debt financings →

FIRST FINANCIAL BANCORP /OH/ filing history →

Source: SEC EDGAR

accession 0001193125-25-274210

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.