Atlantic Union Bankshares prices USD 250 million 6.25% fixed-to-floating subordinated notes due 2036
AUB•Coupon, floating rate and call terms
The notes pay a fixed 6.25% coupon through Aug. 1, 2031, then float at three-month term SOFR plus 213 basis points.
The issuer call option starts Aug. 1, 2031 at par, plus accrued interest.
Atlantic Union prices subordinated notes offering
Atlantic Union priced an underwritten public offering of USD 250 million 6.25% Fixed-to-Floating Rate Subordinated Notes due 2036.
