Valley National Bancorp Announces Redemption of
From GlobeNewswire: 2025-05-16 17:10:00
Valley National Bancorp announced the redemption of its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 in the amount of $115,000,000, with a redemption date of June 15, 2025. The holders of the Notes will receive notice of the redemption and no Notes will remain outstanding after the redemption. CEO Ira Robbins stated that the redemption reflects the company’s strengthened balance sheet and financial flexibility to support strategic initiatives. Valley National Bank, with $62 billion in assets, is committed to providing convenient service and supporting community growth. For more information, visit valley.com or call 800-522-4100.
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