Kish Bancorp completes USD 35 million subordinated notes offering

KISH BANCORP INC

KISH BANCORP INC

KISB

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  • Kish Bancorp completed a private placement of USD 35 million 6.25% Fixed-to-Floating Rate Subordinated Unsecured Notes due 2036.
  • Investor demand lifted the deal from an initial USD 25 million target to USD 35 million.
  • Proceeds earmarked to redeem its 2021 subordinated notes, repay holding company borrowings, fund general corporate purposes.
  • Notes pay 6.25% fixed until June 1, 2031, then reset quarterly to three-month term SOFR plus 223 basis points through June 1, 2036.
  • Issuer call option begins June 1, 2031 at par plus accrued interest; holders have no redemption option.


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. Kish Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605271600BIZWIRE_USPR_____20260527_BW100296) on May 27, 2026, and is solely responsible for the information contained therein.

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