Franklin Financial Network Inc. Matured or Retired Bonds
Note series that matured or were fully retired, latest maturity first. Terms are from each offering's final pricing term sheet on SEC EDGAR; a reopening of the same CUSIP adds to its principal. Interest per payment = principal × coupon ÷ payments per year. Outstanding = principal issued minus each filed exchange, tender, redemption or conversion; it is (m) where the retired amount was not filed. Interest per payment uses the outstanding principal.
- Floating Rate Subordinated Notes due 2026: Principal issued $40,000,000; Outstanding $0; Coupon From and including March 31, 2016 to but excluding March 30, 2021 at an initial rate of 6.875% per annum and thereafter at an annual floating rate equal to three-month LIBOR as determined for the applicable quarterly period, plus; Maturity date 2026-03-30.
| Notes | Principal issued | Outstanding | Coupon | Maturity date | Interest payment dates | Interest per payment | Optional redemption | Retired | Priced |
|---|---|---|---|---|---|---|---|---|---|
| Floating Rate Subordinated Notes due 2026 CUSIP 35352PAA2 · US35352PAA21 | $40,000,000 | $0 | From and including March 31, 2016 to but excluding March 30, 2021 at an initial rate of 6.875% per annum and thereafter at an annual floating rate equal to three-month LIBOR as determined for the applicable quarterly period, plus | 2026-03-30 | Quarterly: March 31, March 30, March 30, September 30 From and including March 31, 2016 to but excluding March 30, 2021, 30/360 and thereafter, a 360 day year and the actual number of days elapsed | Make-Whole: Redeemable (1) in whole or in part on or after March 30, 2021 or (2) in whole, but not in part, at any time | Repaid at maturity 2026-03-30: $40,000,000 | 2016-03-30 |