secwatch.observer — SEC 8-K summary
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Issuer:     Customers Bancorp, Inc. (CUBI)
CIK:        0001488813
Form:       8-K
Filed at:   2025-12-17T23:59:59+00:00
Accession:  0002039852-25-000199
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Customers Bancorp closes $100M offering of 6.875% subordinated notes due 2036
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- Offered $100M aggregate principal of 6.875% Fixed-to-Floating Subordinated Notes due 2036 at par.
- Net proceeds estimated at ~$98M after underwriting discounts and expenses.
- Proceeds for general corporate purposes, including possible partial redemption of Bank's 6.125% notes due 2029.
- Underwriters: Keefe, Bruyette & Woods, Piper Sandler & Co., and Raymond James & Associates.
- Notes are subordinated and not FDIC-insured; not deposits of the Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488813/000203985225000199/0002039852-25-000199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488813/000203985225000199/cubi-20251215.htm
  HTML page:      https://secwatch.observer/filing/0002039852-25-000199

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