First Merchants Corporation has announced a significant financial move involving the redemption of $5 million in principal amount of its 5.00% Fixed-to-Floating Rate Senior Notes that were due in 2028. This action is set to take place on July 30, 2025, coinciding with the next interest payment date. The redemption is facilitated under the optional redemption provisions specified in the Senior Note Certificate. Post-redemption, there will be no remaining principal amount outstanding from this specific issuance of Senior Notes.
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