Flagstar Bancorp, Inc., founded in 1987 and headquartered in Troy, Michigan, serves as the parent company of Flagstar Bank, offering a wide range of financial services primarily focused on mortgage lending, retail and commercial banking, and wealth management. The bank has established a strong presence in the Midwest and is known for its commitment to customer service and innovative financial solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FBC 4.13% 2030-11-01 USDFlagstar Bancorp, Inc. | United States | 2030-11-01 | 4.125 | 8.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Flagstar Bancorp has a robust history of bond issuances, beginning in 2009 when the company capitalized on regulatory support to strengthen its balance sheet and facilitate growth. Significant issuances include their 2020 offering of $300 million in subordinated notes designed to enhance capital ratios, which attracted attention for offering competitive yields relative to industry standards. As of late 2023, the 10-year subordinated notes yield around 4.75%, positioning them favorably within the market, while their strategic bond structures, featuring call options and liquidity provisions, cater to a diverse investor base.