FB Financial prices $125M subordinated notes offering
What's the deal? FB Financial Corp.Dealroom has a profile for this one. Try Dealroom →, a US financial services provider, priced a $125 million public offering of subordinated notes in September 2026. The notes carry a 6.625% annual coupon and mature on October 1, 2036.
Who's involved? Keefe, Bruyette & Woods, Inc.Dealroom has a profile for this one. Try Dealroom → acted as underwriter. Law firm Squire Patton BoggsDealroom has a profile for this one. Try Dealroom → advised FB Financial on the offering.
What's the endgame? FB Financial intends to use the net proceeds for general corporate purposes. That includes providing capital to its subsidiary, FirstBankDealroom has a profile for this one. Try Dealroom →, to support its growth.
The signal: The raise sits in the middle range for deals of its kind, a modest but steady debt tap. It points to a familiar playbook — regional banks turning to subordinated notes to shore up capital and fund lending as they scale.
Read more: squirepattonboggs.com
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