SouthState Bank prices $350 million subordinated notes due 2035 at 7.000%
SouthState Corporation entered into an underwriting agreement on June 10, 2025, to sell $350 million of 7.000% Fixed-to-Floating Rate Subordinated Notes due 2035 in a registered public offering. The notes are sold under an existing Form S-3 shelf registration statement, and the filing does not describe the use of proceeds.
- Principal amount: $350,000,000 of 7.000% Fixed-to-Floating Rate Subordinated Notes due 2035
- Agreement dated June 10, 2025, with Morgan Stanley & Co. LLC, Piper Sandler & Co. and Keefe, Bruyette & Woods, Inc. as representatives of the underwriters
- Offering made under Form S-3 shelf registration No. 333-287893