Business Context and Reporting Period
Company: Byline Bancorp, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 01, 2025
Event: Redemption of Subordinated Notes
Key Financial Metrics
This filing reports a specific debt transaction rather than comprehensive financial performance metrics. The filing text does not provide values for revenue, profit, cash flow, margins, or overall liquidity.
- Debt Instrument: 6.000% Fixed-to-Floating Rate Subordinated Notes due 2030
- Principal Amount Redeemed: $75,000,000
- Redemption Price: 100% of aggregate principal amount plus accrued and unpaid interest to, but excluding, the Redemption Date.
Material Changes
On October 1, 2025, Byline Bancorp, Inc. redeemed the entire outstanding principal amount of its $75,000,000 Subordinated Notes. This action reduces the company's outstanding subordinated debt obligations effective as of the Redemption Date.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, outlook, or specific management commentary regarding future financial performance. The transaction was executed pursuant to the terms of the Subordinated Debt Indenture dated June 26, 2020, and a notice of full redemption previously issued on August 22, 2025.
Investor Verification Checklist
- Verify the total cash outflow required for the redemption, including the specific amount of accrued interest paid.
- Confirm the impact of this $75 million debt reduction on the company's total capital structure and leverage ratios.
- Review the company's liquidity position to ensure the redemption was funded without impairing operational capital.
- Check for any subsequent filings regarding the refinancing of this debt or changes in interest expense.