debt
confidence high
sentiment positive
materiality 0.50
Triumph Financial to redeem $39.5M of 4.875% subordinated notes due 2029 on Nov 27
Triumph Financial, Inc.
- Redeeming all $39.5M outstanding 4.875% Fixed-to-Floating Rate Subordinated Notes due 2029.
- Redemption price: 100% of principal plus accrued interest to November 27, 2024.
- Redemption date is November 27, 2024; notice provided under the Indenture.
- Trustee will deliver formal notice to registered holders; no impact on preferred or common stock.