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AI brief of an SEC Form 8-K · Renasant (RNST)

Renasant prices $300 million 6.25% subordinated notes due 2036

Neutral Impact 3 of 5 financing Written later

Renasant Corporation sold $300 million of 6.25% fixed-to-floating rate subordinated notes due 2036, priced at 100% of principal, with the offering closing on May 7, 2026. The company expects net proceeds of approximately $295.7 million, which it intends to use for general corporate purposes, including a potential redemption of $40 million of its 5.50% notes due September 1, 2031. The notes are intended to qualify as Tier 2 capital, and shareholders should note that they add $300 million of subordinated debt to the company's obligations.

Key points

  • Notes: $300 million aggregate principal, priced at 100% of principal, maturing June 1, 2036
  • Fixed 6.25% interest through June 1, 2031; then Three-Month Term SOFR plus 245 basis points
  • Net proceeds approximately $295.7 million; closed May 7, 2026
  • Possible use: redeem $40 million of 5.50% notes due September 1, 2031

The filing

CompanyRenasant (RNST)
Form8-K, current report
Filed with the SECMay 7, 2026, 5:07 PM ET
Accession number0001193125-26-212391

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.