secwatch.observer — SEC 8-K summary
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Issuer:     FIRST FINANCIAL BANCORP /OH/ (FFBC)
CIK:        0000708955
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001193125-25-274210
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Financial Bancorp prices $300M 6.375% subordinated notes due 2035
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708955/000119312525274210/0001193125-25-274210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708955/000119312525274210/d67495d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-274210

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