Western Alliance Bank prices $400M of 6.537% Subordinated Notes due 2035

WESTERN ALLIANCE BANCORPORATION

Priced $400M aggregate principal of 6.537% Fixed Rate Reset Subordinated Notes due 2035.
Settlement expected November 24, 2025, subject to customary closing conditions.
Proceeds for general corporate purposes, including growth capital and repayment/redemption/repurchase of existing securities.
Notes qualify as Tier 2 capital; are obligations of the Bank only, not guaranteed by Western Alliance Bancorporation.

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