HANMI FINANCIAL CORP (HAFC) Form 8-K — Jul 30, 2026
Hanmi Financial Corporation issued $55.0 million in aggregate principal amount of its 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036 via a private placement. The notes feature a fixed interest rate of 6.50% for the first five years, after which the rate becomes floating based on Three-Month Term SOFR plus 234 basis points. This issuance is intended to qualify as Tier 2 capital under Federal Reserve Board guidelines. The company plans to use the net proceeds from the offering to redeem all $110.0 million of its currently outstanding 3.75% Fixed-to-Floating Rate Subordinated Notes due 2031.
Key figures
- Debt Amount
- $55,000,000
- Deal Value Usd
- $55,000,000
- Interest Rate
- 6.50%
- Maturity Date
- 2036-07-31
- Prior Maturity
- 2031
- Redemption Amount
- $110,000,000
- Prior Interest Rate
- 3.75%
- Floating Rate Spread
- 234 basis points
Price after filing
Close on the filing date to close N calendar days later (from $31.69). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.