Squire Patton Boggs has advised FB Financial Corporation, a U.S.-based financial services provider, in connection with its pricing of a $125 million public offering of subordinated notes. The notes carry a coupon rate of 6.625% per annum and will mature on October 1, 2036.
FB Financial Corporation intends to use the net proceeds from the offering for general corporate purposes, including providing capital to its subsidiary, FirstBank, to support its growth.
The Squire Patton Boggs team included Alison LaBruyere, Jennifer Val and Elleni Burmeister. Keefe, Bruyette & Woods, Inc. is acting as underwriter for the offering.
