HTLF Announces Closing of $150 Million Offering of Subordinated Notes

DUBUQUE, Iowa, Sept. 08, 2021 -- Heartland Financial USA, Inc. (Nasdaq: HTLF) announced today the completion of a public offering of $150.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes (the “notes”). The notes are intended to qualify as Tier 2 capital for regulatory purposes. Piper Sandler & Co. acted as sole underwriter in the offering.

HTLF Announces Pricing of $150 Million Offering of Subordinated Notes

HTLF announced pricing of $150 million offering of subordinated notes.