Forbright, Inc. notified holders that it will redeem all outstanding 5.75% Fixed-to-Floating Rate Subordinated Notes due December 1, 2029, on December 1, 2026. The aggregate principal amount being redeemed is $25,000,000. The redemption price equals 100% of the principal amount plus accrued and unpaid interest through the redemption date. Forbright, Inc. operates in the cannabis industry.
