- Pinnacle Financial Partners (NASDAQ:PNFP) starts a public offering of fixed-to-floating rate subordinated notes due 2029 and will use the proceeds to redeem certain of Pinnacle Financial's and Pinnacle Bank's subordinated notes.
- Expects to redeem $88.8M of Pinnacle Financial subordinated notes following the closing of the offering and $130M of subordinated notes issued by Pinnacle Bank after such notes become eligible for redemption on July 30, 2020.
Pinnacle Financial heads to debt market to refinance notes
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Symbol | Last Price | % Chg |
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PNFP | - | - |
Pinnacle Financial Partners, Inc. |