Pinnacle Financial Partners Inc., founded in 2000 and headquartered in Nashville, Tennessee, is dedicated to providing superior banking and financial services to individuals and businesses in the region. The company operates as a full-service bank offering a variety of products, including commercial banking, personal banking, and wealth management services aimed at fostering financial growth for its clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PNFP 4.13% 2029-09-15 USDPinnacle Financial Partners Inc. | United States | 2029-09-15 | 4.125 | 6.59 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Pinnacle Financial has actively engaged in the bond market, beginning its bond issuance in 2002. The company has issued significant bonds, including a notable $100 million offering in 2021, which attracted investors due to its competitive yields and strong credit rating. As of late 2023, Pinnacle's bonds are yielding approximately 3.25%, positioning them favorably against industry averages. The bonds typically feature call provisions, allowing for flexibility in managing interest rate risk, and recent announcements regarding a potential additional issuance reflect the company’s growth strategy and ongoing commitment to capitalizing on market opportunities.