
Cadence Bank, headquartered in Tupelo, Mississippi, was founded in 2009 with the purpose of providing comprehensive financial services to individuals and businesses across multiple states. The bank specializes in a range of products including commercial and consumer loans, mortgage offerings, and wealth management services.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
BANSBK 4.13% 2029-11-20 USDCadence Bank | United States | 2029-11-20 | 4.125 | 22.11 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Cadence Bank has actively participated in the bond market, first issuing bonds in 2016 as part of its strategy to raise capital for expansion and operations. Notably, in 2021, the bank launched a significant bond issuance that attracted attention for its competitive yields, closely aligning with industry averages while offering investors a strong alternative for fixed-income investment. Cadence Bank's bond portfolio exhibits features such as callable options and varying maturities, allowing for flexibility to meet investors' preferences amidst the current market landscape.