{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-053176","form_type":"8-K","ticker":"WAL","cik":"0001212545","company_name":"WESTERN ALLIANCE BANCORPORATION","filed_at":"2025-11-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.954783+00:00","generated_at":"2026-05-16T18:22:04.611139+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Western Alliance Bank prices $400M of 6.537% Subordinated Notes due 2035","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-053176","json":"https://secwatch.observer/filing/0001628280-25-053176.json","markdown":"https://secwatch.observer/filing/0001628280-25-053176.md","text":"https://secwatch.observer/filing/0001628280-25-053176.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1212545/000162828025053176/0001628280-25-053176-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1212545/000162828025053176/wal-20251119.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:22:04.611139+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}