Orrstown Financial Services Inc. has announced the redemption of its outstanding $32.5 million 6.0% Fixed-to-Floating Rate Subordinated Notes due 2028. The company plans to redeem the notes on September 30, 2025, at a cash redemption price equal to 100% of the principal amount, along with any accrued and unpaid interest up to the redemption date. This strategic financial move reflects Orrstown's commitment to managing its debt obligations effectively.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orrstown Financial Services Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000826154-25-000183), on August 29, 2025, and is solely responsible for the information contained therein.
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