Renasant Corporation Announces Pricing of Subordinated Notes

Renasant Corporation (NYSE: RNST) (the “Company”), the parent company of Renasant Bank, today announced the pricing of its public offering of $300 million aggregate principal amount of 6.25% ...

Fulton Financial Corporation Announces Pricing of Subordinated Notes Offering

Fulton Financial Corporation (Nasdaq: FULT) ("Fulton") today announced the pricing of its underwritten public offering of $300 million aggregate principal amount of its Fixed-to-Floating Rate ...
Seeking Alpha

What Drives Returns In Floating Rate Notes?

Returns in floating rate notes are driven by two main components: short-term interest rates and credit spreads. What Drives Returns in Floating Rate Notes? Corporate floating rate notes (FRNs) are ...
KXAN

EverBank Announces Pricing of Offering of $200 Million of Fixed-to-Floating Rate Subordinated Notes Due 2035

JACKSONVILLE, Fla., Aug. 7, 2025 /PRNewswire/ -- EverBank Financial Corp (the Company), a financial holding company that conducts its banking operations through its wholly owned subsidiary, EverBank, ...
Seeking Alpha

How Floating Rate Notes Perform When Credit Spreads Widen

Corporate floating rate notes (FRNs) are often discussed when talking about interest rate risk, but credit conditions also play an important role in shaping returns. While FRN coupons adjust with ...