First Merchants Corporation (FRME) Prices $100M 6.750% Subordinated Notes

First Merchants Corporation priced $100M of 6.750% fixed-to-floating subordinated notes due 2036, expected to close on or about Sept. 25, 2026. Proceeds are for general corporate purposes, including potential share repurchases.Material DetailsContext by AI AnalystThis is a mid-cycle capital move ty…