3.125% Fixed-to-Floating Rate Subordinated Notes due 2031
Note · Nicolet Bankshares, Inc.
Reference: 3.125% Fixed-to-Floating Rate Subordinated Notes due 2031
- Original principal
- USD 100,000,000
- Outstanding
- —
- Commitment
- —
- Availability
- —
- Maturity
- —
Last reported interest terms: 3.125% Reported 2021-07-07 Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
Documents and filing history
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Issuance
· 2021-07-07
Original principal USD 100,000,000 Exact source document
Parent 8-K filing · 2021-07-07
This Agreement is made pursuant to the Subordinated Note Purchase Agreement dated July 7, 2021 by and among the Company and each of the Purchasers (the “Purchase Agreement”), which provides for the sale by the Company to the Purchasers of $100.0 million aggregate principal amount of the Company’s 3.125% Fixed-to-Floating Rate Subordinated Notes due 2031, which were issued on July 7, 2021 (the “Subordinated Notes”). In order to induce each of the Purchasers to enter into the Purchase Agreement and in satisfaction of a condition to the Purchasers’ obligations thereunder, the Company has agreed to provide to the Purchasers and their respective direct and indirect transferees and assigns the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement.
Issuer evidence: This REGISTRATION RIGHTS AGREEMENT (the “Agreement”) is dated as of July 7, 2021, and is made by and among Nicolet Bankshares, Inc., a Wisconsin corporation (the “Company”), and the several purchasers of the Subordinated Notes (as defined below) identified on the signature pages to the Purchase Agreement (as defined below) (collectively, the “Purchasers”).
Supporting evidence: This Agreement is made pursuant to the Subordinated Note Purchase Agreement dated July 7, 2021 by and among the Company and each of the Purchasers (the “Purchase Agreement”), which provides for the sale by the Company to the Purchasers of $100.0 million aggregate principal amount of the Company’s 3.125% Fixed-to-Floating Rate Subordinated Notes due 2031, which were issued on July 7, 2021 (the “Subordinated Notes”). In order to induce each of the Purchasers to enter into the Purchase Agreement and in satisfaction of a condition to the Purchasers’ obligations thereunder, the Company has agreed to provide to the Purchasers and their respective direct and indirect transferees and assigns the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement.