---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-224197"
form_type: "8-K"
ticker: "VLY"
cik: "0000714310"
company_name: "VALLEY NATIONAL BANCORP"
filed_at: "2026-05-14T20:33:49+00:00"
generated_at: "2026-05-14T20:35:35.693807+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Valley National issues $500M 6.219% sub notes due 2036; redeems $300M 3.00% notes

## Summary
- Issued $500M aggregate principal of 6.219% Fixed-to-Floating Subordinated Notes due June 1, 2036; net proceeds ~$494.1M.
- Redeeming all $300M 3.00% Fixed-to-Floating Subordinated Notes due 2031 on June 15, 2026 at par plus accrued interest.
- New notes pay fixed 6.219% to June 2031, then SOFR+243 bps quarterly; intended to qualify as Tier 2 capital.
- Underwriters: Keefe Bruyette & Woods, Morgan Stanley, RBC Capital Markets, R. Seelaus.

## SEC filing metadata
- accession: 0001193125-26-224197
- form_type: 8-K
- ticker: VLY
- cik: 0000714310
- company_name: VALLEY NATIONAL BANCORP
- filed_at: 2026-05-14T20:33:49+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714310/000119312526224197/0001193125-26-224197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714310/000119312526224197/d84505d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-224197
- JSON: https://secwatch.observer/filing/0001193125-26-224197.json
- Plain text: https://secwatch.observer/filing/0001193125-26-224197.txt

## Key facts
- Debt Financings
  VALLEY NATIONAL BANCORP incurred senior notes of $500,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.219% Fixed-to-Floating Rate maturing June 1, 2036.
  - Instrument: senior notes
  - Principal: $500,000,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 6.219% Fixed-to-Floating Rate
  - Maturity: June 1, 2036
  - Event: incurrence
  source text: on May 14, 2026 (the “Closing Date”), Valley National Bancorp (the “Company”) completed the issuance and sale (the “Offering”) of $500,000,000 aggregate principal amount of the Company’s 6.219% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000119312526224197/0001193125-26-224197-index.htm
- Material Agreements
  VALLEY NATIONAL BANCORP entered into First Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 (effective 2026-05-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $500,000,000
  - Effective: 2026-05-14
  source text: On the Closing Date, the Company entered into a First Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), in connection with the issuance and terms of the Notes (the “First Supplemental Indenture”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000119312526224197/0001193125-26-224197-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.