secwatch.observer — SEC 8-K summary
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Issuer:     FB Financial Corp (FBK)
CIK:        0001649749
Form:       8-K
Filed at:   2026-09-24T20:05:15+00:00
Accession:  0001213900-26-103052
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FB Financial issues $125M of 6.625% subordinated notes due 2036
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- Issued $125M aggregate principal of 6.625% Fixed-to-Floating Rate Subordinated Notes due 2036.
- Interest fixed at 6.625% until Oct 1 2031, then Three-Month Term SOFR plus 205 bps, paid quarterly.
- Company may redeem notes in whole or part after Oct 1 2031, subject to Federal Reserve approval.
- Net proceeds for general corporate purposes, including capital to FirstBank to support growth.
- Notes are unsecured, subordinated, not guaranteed by subsidiaries, and rank junior to senior debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649749/000121390026103052/0001213900-26-103052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649749/000121390026103052/ea0306481-8k_fbfinancial.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-103052

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