NYSE:NBHCBanks
What National Bank Holdings (NBHC)'s Upsized Tier 2 Subordinated Notes Offering Means For Shareholders
In early February 2026, National Bank Holdings Corporation completed a US$150,000,000 fixed‑to‑floating rate subordinated unsecured notes offering due 2036, upsized from US$100,000,000 and priced at 100% with a 1.25% discount per security, intended to qualify as Tier 2 capital.
The strong institutional demand for these callable, subordinated, unsecured variable‑rate notes underscores lenders’ willingness to fund the bank’s capital structure over the long term.
We’ll now examine how this...