Huntington Bancshares Issues $1.75 Billion in Senior and Subordinated Notes

summarizeSummary

Huntington Bancshares has completed the issuance of $1.75 billion in senior and subordinated notes, finalizing a previously announced debt offering and bolstering its capital structure.

check_boxKey Events

• Issuance of $1 Billion Senior Notes

  The company issued $1,000,000,000 aggregate principal amount of 4.623% Fixed-to-Floating Rate Senior Notes due 2032.

• Issuance of $750 Million Subordinated Notes

  The company issued $750,000,000 aggregate principal amount of 5.605% Fixed-to-Fixed Rate Subordinated Notes due 2041.

• Formalizes Previously Announced Offering

  This 8-K formalizes the issuance and specific terms of the $1.75 billion multi-tranche debt offering, which was announced as finalized on January 23, 2026.

• Supports Capital Structure Post-Merger

  The capital raise enhances the company's financial flexibility, following the receipt of regulatory approvals for its merger with Cadence Bank on January 23, 2026.

auto_awesomeAnalysis

This 8-K formally reports the issuance and sale of $1.75 billion in new debt, comprising $1 billion in 4.623% Fixed-to-Floating Rate Senior Notes due 2032 and $750 million in 5.605% Fixed-to-Fixed Rate Subordinated Notes due 2041. This follows the company's announcement on January 23, 2026, that it had finalized this multi-tranche debt offering. The successful capital raise strengthens the company's financial position, potentially supporting its recent merger with Cadence Bank, for which regulatory approvals were received on January 23, 2026.