Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · South State Bank (SSB)

SouthState Bank prices $350 million subordinated notes due 2035 at 7.000%

Neutral Impact 3 of 5 financing Written later

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.

Key points

  • 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

The filing

CompanySouth State Bank (SSB)
Form8-K, current report
Filed with the SECJun 11, 2025, 2:33 PM ET
Accession number0001558370-25-008532

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits 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 June 11, 2025.

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