Columbia Banking System prices USD 250 million subordinated notes offering

By Public Technologies
  • Columbia Banking System priced a USD 250 million offering of 6.721% fixed-to-fixed rate subordinated notes due 2036.
  • Settlement expected Sept. 18, subject to customary closing conditions.
  • Coupon fixed at 6.721% through Sept. 18, 2031; resets to five-year U.S. Treasury rate plus 195 basis points.
  • Proceeds earmarked for general corporate purposes, Tier 2 capital support; up to USD 250 million to be returned to the parent.
  • Returned capital targeted for redemption of certain outstanding trust preferred securities.


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. Columbia Banking System Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609140815PR_NEWS_USPR_____SF46561) on September 14, 2026, and is solely responsible for the information contained therein.

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