Loan & DebtMay 14, 2026, 04:47 PM
Pinnacle Financial Partners to Issue $750M Senior Notes
AI Summary
Pinnacle Financial Partners, Inc. entered into an Underwriting Agreement on May 12, 2026, to sell $750 million aggregate principal amount of its 5.596% Fixed Rate / Floating Rate Senior Notes due 2032. The offering was made pursuant to the company's shelf registration statement. The transaction, involving underwriters including Morgan Stanley, RBC Capital Markets, and Goldman Sachs, is expected to close on May 19, 2026.
Key Highlights
- Pinnacle Financial Partners entered an Underwriting Agreement on May 12, 2026.
- The company agreed to sell $750 million aggregate principal amount of Senior Notes.
- The notes are 5.596% Fixed Rate / Floating Rate Senior Notes due 2032.
- Morgan Stanley, RBC Capital Markets, and Goldman Sachs are among the underwriters.
- The offering is expected to close on May 19, 2026, subject to customary conditions.
Price Impact
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