debt
confidence high
sentiment neutral
materiality 0.50
Stellar Bancorp redeems $30M of 4.70% subordinated notes due 2029
Stellar Bancorp, Inc.
- Redeemed remaining $30.0M aggregate principal of 4.70% Fixed-to-Floating Rate Subordinated Notes due 2029.
- Redemption price at 100% of principal plus accrued interest to April 1, 2026.
- All outstanding Notes fully redeemed.
item 7.01item 9.01