Flushing Financial Corp., founded in 1990 and headquartered in Flushing, New York, operates as the parent company of Flushing Bank, focusing on providing comprehensive financial services primarily to the New York metropolitan area. The company offers a range of products, including commercial and retail banking services, mortgage loans, and various deposit accounts designed to meet the needs of both personal and business clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FFIC 3.13% 2031-12-01 USDFlushing Financial Corp. | United States | 2031-12-01 | 3.125 | 7.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Flushing Financial has been active in the bond market, first issuing bonds in the early 2000s to enhance its capital structure. Notably, in 2020, the company completed a significant issuance of subordinated notes valued at $20 million, aimed at strengthening its tier 2 capital. Currently, the yields on its issued bonds remain competitive within the industry, reflecting Flushing's stable financial position and market confidence. In June 2023, Flushing Financial announced a strategic refinancing of existing bonds, which contributed to an uptick in investor interest and market activity surrounding their offerings.