Financing ·
Atlantic Union Bankshares Corporation filed a preliminary prospectus supplement to propose an offering of newly issued…
AUB-PAAtlantic Union Bankshares Corp
Atlantic Union Bankshares Corporation filed a preliminary prospectus supplement to propose an offering of newly issued Fixed-to-Floating Rate Subordinated Notes due 2036 with an expected size of $200 million. The company intends to use the proceeds to redeem $168 million of its outstanding 4.25% Fixed-to-Floating Rate Subordinated Notes due 2029 and for general corporate purposes, including supporting growth at Atlantic Union Bank. The filing also included an investor presentation detailing second-quarter 2026 financial highlights, including $38.1 billion in total assets and a 10.4% CET1 ratio. Atlantic Union Bankshares is a financial services company providing banking and wealth management services.