Here are the 424B prospectus supplements from Valley National Bancorp 5.50% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (VLYPO) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow VLYPO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VLYPO filings page.
Valley National Bancorp is offering $500,000,000 of 6.219% fixed-to-floating subordinated notes due June 1, 2036. The notes pay 6.219% through June 1, 2031, then a floating rate equal to Three-Month Term SOFR plus 2.43%. Net proceeds are approximately $495.8 million, intended to redeem the 3.00% subordinated notes due June 15, 2031 and for general corporate purposes.
The notes are unsecured, subordinated obligations of Valley National Bancorp, intended to qualify as Tier 2 capital, rank junior to Senior Debt, and are structurally subordinated to subsidiaries’ liabilities. Redemptions at the issuer’s option may begin on June 1, 2031, subject to prior Federal Reserve approval. Settlement is expected on May 14, 2026 (T+3).
Valley National Bancorp is offering subordinated fixed-to-floating rate notes due 2036. The notes pay a fixed rate until 2031, then convert to a floating rate expected to be Three-Month Term SOFR plus a spread measured in basis points. The offering is unsecured, subordinated to Senior Debt, pari passu with existing subordinated notes, and callable beginning 2031 subject to Federal Reserve approval. Net proceeds are intended to redeem the 3.00% fixed-to-floating subordinated notes due June 15, 2031 and for general corporate purposes.