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Fulton Financial prices USD 300 million subordinated notes offering

PUBT·05/01/2026 21:17:58
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Fulton Financial prices USD 300 million subordinated notes offering
  • Fulton Financial priced USD 300 million fixed-to-floating rate subordinated notes due 2036.
  • Notes carry 5.95% fixed coupon through May 15, 2031.
  • Coupon resets to three-month term SOFR + 217 basis points through maturity in 2036.
  • Proceeds earmarked to repay USD 195 million of 3.25% fixed-to-floating rate subordinated notes due 2030.
  • Closing expected May 5, 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. Fulton Financial Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605011717PR_NEWS_USPR_____NE49473) on May 01, 2026, and is solely responsible for the information contained therein.