secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K
Filed at:   2025-12-11T23:59:59+00:00
Accession:  0001552781-25-000459
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSFS closes $200M 5.375% senior notes due 2035, to repay $150M notes due 2030
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- Completed public offering of $200M aggregate principal 5.375% Fixed-to-Floating Rate Senior Unsecured Notes due 2035 on Dec 11, 2025.
- Notes fix at 5.375% to Dec 15, 2030, then float at 3M SOFR + 189bps, maturing Dec 15, 2035.
- Net proceeds will repay $150M of 2.75% Fixed-to-Floating Senior Notes due 2030 and for general corporate purposes.
- Joint book-running managers: Piper Sandler, Keefe Bruyette & Woods, RBC Capital Markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000155278125000459/0001552781-25-000459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000155278125000459/e25455_wsfs-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-25-000459

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer