WSFS Financial Corporation Completes $200 Million Senior Unsecured Notes Offering

Reuters
2025.12.11 21:30
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WSFS Financial Corporation has completed a $200 million public offering of 5.375% Fixed-to-Floating Rate Senior Unsecured Notes due 2035. The proceeds will be used to repay $150 million of existing notes due 2030 and for general corporate purposes. The interest rate will be fixed at 5.375% until 2030, then reset quarterly based on a benchmark rate plus 189 basis points.