Renasant prices USD 300 million subordinated notes offering due 2036
Renasant Corporation
Renasant Corporation RNST | 0.00 |
- Renasant priced USD 300 million offering of 6.25% Fixed-to-Floating Rate Subordinated Notes due 2036.
- Coupon fixed at 6.25% through June 1, 2031; resets to Three-Month Term SOFR + 245 bps through maturity.
- Notes callable on or after June 1, 2031 at par plus accrued interest.
- Proceeds earmarked for general corporate purposes, including potential redemption of USD 40 million 5.50% Fixed-to-Floating Rate Subordinated Notes due September 1, 2031.
- Closing expected May 7, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renasant Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-212391), on May 07, 2026, and is solely responsible for the information contained therein.
