secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN ALLIANCE BANCORPORATION (WAL)
CIK:        0001212545
Form:       8-K
Filed at:   2025-11-19T23:59:59+00:00
Accession:  0001628280-25-053176
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1212545/000162828025053176/0001628280-25-053176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1212545/000162828025053176/wal-20251119.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-053176

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