[8-K] HBT Financial, Inc. Reports Material Event
HBT Financial, Inc. notified its paying agent, UMB Bank N.A., that it intends to redeem all $40 million of its outstanding 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 on September 15, 2025. The Company stated the redemption will be at a price equal to 100% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date, and that the Notice was given pursuant to the Paying Agent and Registrar Agreement governing the Notes.
HBT Financial, Inc. ha informato il suo agente pagatore, UMB Bank N.A., della sua intenzione di rimborsare integralmente i $40 milioni delle sue note subordinate a tasso fisso/variabile 4,50% con scadenza 2030 in data 15 settembre 2025. La Società ha dichiarato che il rimborso avverrà a un prezzo pari al 100% del capitale più gli interessi maturati e non pagati fino a, ma escluso, la Data di Rimborso, e che l'Avviso è stato emesso ai sensi del Paying Agent and Registrar Agreement che disciplina le Note.
HBT Financial, Inc. notificó a su agente pagador, UMB Bank N.A., que tiene la intención de redimir la totalidad de los $40 millones de sus notas subordinadas a tipo fijo/variable 4,50% con vencimiento en 2030 el 15 de septiembre de 2025. La Compañía indicó que la redención se efectuará a un precio igual al 100% del principal más los intereses devengados y no pagados hasta, pero sin incluir, la Fecha de Redención, y que el Aviso se dio conforme al Paying Agent and Registrar Agreement que rige las Notas.
HBT Financial, Inc.는 지급대행기관인 UMB Bank N.A.에 총 4,000만 달러 연 4.50% 고정-변동 금리 후순위 채권(만기 2030년)을 전액 상환할 예정임을 2025년 9월 15일100%에 상환일까지(상환일 제외) 발생·미지급된 이자를 합한 금액과 같다고 밝혔으며, 해당 통지는 채권을 규율하는 지급대행 및 등록 계약(Paying Agent and Registrar Agreement)에 따라 이루어졌다고 전했습니다.
HBT Financial, Inc. a informé son agent payeur, UMB Bank N.A., de son intention de racheter la totalité des 40 millions de dollars de ses obligations subordonnées 4,50% à taux fixe puis variable échéant en 2030 le 15 septembre 2025. La Société a précisé que le rachat se ferait à un prix égal à 100% du principal plus les intérêts courus et impayés jusqu'à, mais excluant, la Date de Rachat, et que l'Avis a été donné en vertu du Paying Agent and Registrar Agreement régissant les Obligations.
HBT Financial, Inc. hat seinen Zahlstellenagenten UMB Bank N.A. darüber informiert, dass es beabsichtigt, am 15. September 2025 alle ausstehenden $40 Millionen seiner 4,50% Fest-zu-Floating-Rate nachrangigen Schuldverschreibungen mit Fälligkeit 2030 vollständig zu tilgen. Das Unternehmen teilte mit, dass die Tilgung zu einem Preis in Höhe von 100% des Nennwerts zuzüglich aufgelaufener und noch nicht gezahlter Zinsen bis, jedoch ohne, den Tilgungstag erfolgen wird, und dass die Mitteilung gemäß dem Paying Agent and Registrar Agreement erteilt wurde, das die Schuldverschreibungen regelt.
- Full redemption announced for the entire outstanding principal of the Notes: $40,000,000
- Redemption at par specified: 100% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date
- None.
Insights
TL;DR: HBT is calling its $40M subordinated notes at par, settling the obligation on September 15, 2025.
The company has issued a formal notice to redeem the entire outstanding principal of its 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030. The notice specifies a redemption price of 100% of principal plus accrued interest to, but excluding, the redemption date and is being executed through the paying agent named in the governing agreement. This is a discrete capital structure action that removes the identified subordinated notes from outstanding obligations on the stated redemption date.
TL;DR: Full redemption of the $40M subordinated issuance is scheduled, per the paying-agent notice, for mid-September 2025.
The filing documents a formal intent to redeem all outstanding subordinated notes issued under the referenced paying-agent agreement. The terms disclosed are explicit: the instrument is a 4.50% Fixed-to-Floating Rate Subordinated Note due 2030, the aggregate outstanding principal is $40 million, and redemption will occur at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. The disclosure is narrowly focused on the mechanics and timing of the redemption.
HBT Financial, Inc. ha informato il suo agente pagatore, UMB Bank N.A., della sua intenzione di rimborsare integralmente i $40 milioni delle sue note subordinate a tasso fisso/variabile 4,50% con scadenza 2030 in data 15 settembre 2025. La Società ha dichiarato che il rimborso avverrà a un prezzo pari al 100% del capitale più gli interessi maturati e non pagati fino a, ma escluso, la Data di Rimborso, e che l'Avviso è stato emesso ai sensi del Paying Agent and Registrar Agreement che disciplina le Note.
HBT Financial, Inc. notificó a su agente pagador, UMB Bank N.A., que tiene la intención de redimir la totalidad de los $40 millones de sus notas subordinadas a tipo fijo/variable 4,50% con vencimiento en 2030 el 15 de septiembre de 2025. La Compañía indicó que la redención se efectuará a un precio igual al 100% del principal más los intereses devengados y no pagados hasta, pero sin incluir, la Fecha de Redención, y que el Aviso se dio conforme al Paying Agent and Registrar Agreement que rige las Notas.
HBT Financial, Inc.는 지급대행기관인 UMB Bank N.A.에 총 4,000만 달러 연 4.50% 고정-변동 금리 후순위 채권(만기 2030년)을 전액 상환할 예정임을 2025년 9월 15일100%에 상환일까지(상환일 제외) 발생·미지급된 이자를 합한 금액과 같다고 밝혔으며, 해당 통지는 채권을 규율하는 지급대행 및 등록 계약(Paying Agent and Registrar Agreement)에 따라 이루어졌다고 전했습니다.
HBT Financial, Inc. a informé son agent payeur, UMB Bank N.A., de son intention de racheter la totalité des 40 millions de dollars de ses obligations subordonnées 4,50% à taux fixe puis variable échéant en 2030 le 15 septembre 2025. La Société a précisé que le rachat se ferait à un prix égal à 100% du principal plus les intérêts courus et impayés jusqu'à, mais excluant, la Date de Rachat, et que l'Avis a été donné en vertu du Paying Agent and Registrar Agreement régissant les Obligations.
HBT Financial, Inc. hat seinen Zahlstellenagenten UMB Bank N.A. darüber informiert, dass es beabsichtigt, am 15. September 2025 alle ausstehenden $40 Millionen seiner 4,50% Fest-zu-Floating-Rate nachrangigen Schuldverschreibungen mit Fälligkeit 2030 vollständig zu tilgen. Das Unternehmen teilte mit, dass die Tilgung zu einem Preis in Höhe von 100% des Nennwerts zuzüglich aufgelaufener und noch nicht gezahlter Zinsen bis, jedoch ohne, den Tilgungstag erfolgen wird, und dass die Mitteilung gemäß dem Paying Agent and Registrar Agreement erteilt wurde, das die Schuldverschreibungen regelt.
FAQ
What did HBT (HBT) announce in this 8-K?
When is HBT planning to redeem the notes?
At what price will HBT redeem the subordinated notes?
Which securities are being redeemed?
Who is the paying agent referenced in the notice?
