Forbright to redeem $25 million in debt on December 1, 2026
FRBT•Forbright will redeem all $25 million of its 5.75% fixed-to-floating rate subordinated notes on December 1, 2026, at 100% of principal plus accrued and unpaid interest.
1. Note redemption
Forbright notified holders on October 21, 2026, that it will redeem all $25 million of its 5.75% Fixed-to-Floating Rate Subordinated Notes due December 1, 2029, on December 1, 2026. The redemption price is 100% of principal, plus accrued and unpaid interest to, but excluding, the redemption date.
