StockWatch
·
Major Banks
Loan & DebtApr 20, 2026, 04:22 PM

M&T Bank Closes $500M Subordinated Notes Offering

AI Summary

M&T Bank Corporation announced the closing of its public offering of $500,000,000 aggregate principal amount of 5.295% Fixed Rate Reset Subordinated Notes, Series B. These notes are due on April 18, 2036. The offering was registered under the Securities Act of 1933.

Key Highlights

  • M&T Bank closed a public offering of Subordinated Notes.
  • The offering was for $500,000,000 in aggregate principal amount.
  • Notes are 5.295% Fixed Rate Reset Subordinated Notes, Series B.
  • The Subordinated Notes are due on April 18, 2036.