First Merchants Enters $100 Million Subordinated Notes Underwriting With Piper Sandler; 6.750% Due 2036
First Merchants entered into an Underwriting Agreement with Piper Sandler to offer $100 million of 6.750% fixed-to-floating rate subordinated notes due 2036. The registered public offering is being conducted under the company's shelf registration on Form S-3. The agreement provides for the sale of…