debt
confidence high
sentiment neutral
materiality 0.60
ConnectOne Bancorp redeems $75M in subordinated debentures effective Sept 15, 2025
ConnectOne Bancorp, Inc.
- Redemption of all $75M outstanding subordinated debentures (maturing June 15, 2030) at par plus accrued interest.
- Redemption effective September 15, 2025.
- Debentures had a fixed-to-floating rate; redemption eliminates future interest expense.
item 8.01