Enterprise Financial sells $175 million of 6.25% fixed-to-floating subordinated notes due 2036

• Enterprise Financial Services priced a USD 175 million offering of 6.25% fixed-to-floating rate subordinated notes due 2036.
• Net proceeds totaled about USD 172.8 million before expenses, reflecting a 1.25% underwriting discount.
• Coupon fixed at 6.25% until July 1, 2031, then resets quarterly to three-month term SOFR + 232 basis points, with a zero floor.
• Redeemable from July 1, 2031, or earlier upon certain tax or regulatory capital events, at par plus accrued interest.
• Proceeds earmarked for general corporate purposes, including debt repayment, dividends, buybacks, acquisitions, or bank regulatory capital.

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. Enterprise Financial Services 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: 0001104659-26-075113), on June 17, 2026, and is solely responsible for the information contained therein.