Here are the 424B prospectus supplements from WSFS Financial Corp (WSFS) 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 WSFS 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 WSFS filings page.
WSFS Financial Corporation is offering $200,000,000 of 5.375% fixed-to-floating rate senior unsecured notes due December 15, 2035. The notes pay a fixed 5.375% annual interest rate from December 11, 2025 to December 15, 2030, with semi-annual payments, then switch to a floating rate equal to a Benchmark expected to be Three-Month Term SOFR plus 189 basis points, paid quarterly. WSFS may redeem the notes at par plus accrued interest beginning on the December 15, 2030 interest payment date and on any interest payment date thereafter. The company estimates net proceeds of approximately $196.9 million and plans to use them to repay $150 million principal of its 2.75% senior notes due 2030, plus accrued interest, and for general corporate purposes. The notes are senior unsecured obligations of WSFS, structurally subordinated to subsidiary liabilities, and will not be listed on any securities exchange.
WSFS Financial Corporation is planning a public offering of fixed-to-floating rate senior unsecured notes maturing in 2035. The notes will pay a fixed interest rate from 2025 until 2030, then switch to a floating rate based on Three-Month Term SOFR plus a spread, with interest paid semi-annually and then quarterly.
The notes are senior unsecured obligations of WSFS Financial Corporation, structurally subordinated to liabilities of its subsidiaries, and may be redeemed at par on interest payment dates beginning in 2030. WSFS expects to use the net proceeds to repay $150 million of its outstanding 2.75% senior notes due 2030, plus accrued interest, and for general corporate purposes.