EverBank Financial Corp (the Company), a financial holding company that conducts its banking operations through its wholly owned subsidiary, EverBank, N.A. (EverBank), today announced pricing of its previously announced offering of $200 million aggregate principal amount of its 7.500% Fixed-to-Floating Rate Subordinated Notes due 2035 (the Notes). The Notes were priced at par. The Company intends to use the net proceeds from this offering to support the growth of EverBank and for general corporate purposes. The offering is expected to close on August 12, 2025, subject to customary closing conditions.
The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and any applicable state securities laws. The Notes were offered only to (i) persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act), (ii) outside the United States to non-U.S. persons in compliance with Regulation S under the Securities Act and (iii) institutions that are “accredited investors” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act).
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the Notes and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom, such an offer, solicitation or sale would be unlawful.
Forward-Looking Statements
Statements made in this press release that describe the Company’s intentions, expectations, beliefs or predictions may be forward-looking statements within the meaning of securities laws. Forward-looking statements include statements preceded by, followed by or including the words “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “project,” “continue” or other similar words. Examples of forward-looking statements in this news release are statements about the offering of the Notes and the use of proceeds therefrom. The Company cautions that, by their nature, forward-looking statements are subject to risk and uncertainties, both known and unknown. The Company’s actual results may vary materially from those anticipated in the forward-looking statements. The Company does not intend, and the Company disclaims any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
