HBT Financial Inc.
08/12/2025 | Press release | Distributed by Public on 08/12/2025 07:06
Material Event (Form 8-K)
Item 8.01 Other Events.
On August 11, 2025, HBT Financial, Inc. (the "Company") issued a notice of full redemption (the "Notice") pursuant to the Paying Agent and Registrar Agreement, dated as of September 3, 2020, by and between the Company and UMB Bank N.A. as paying agent and registrar (the "Paying Agent"), governing the Company's 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 (the "Notes").
Pursuant to the Notice, the Company gave the Paying Agent notice that it intends to redeem all $40 million of the outstanding Notes on September 15, 2025 (the "Redemption Date") at a redemption price equal to 100% of the aggregate principal amount of the Notes, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date.
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