Fulton Financial Corporation Prices $300 Million Subordinated Notes Offering
Fulton Financial Corporation (FULT) has priced a $300 million subordinated notes offering, with a fixed interest rate of 5.950% until 2031 and a floating rate thereafter. The proceeds will be used to repay $195 million in existing notes and for general corporate purposes. The offering is expected to close on May 5, 2026.
Topics: corporate finance debt issuance financial offering fixed-to-floating rate notes