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Published on 6/24/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Peapack-Gladstone plans to redeem all fixed-to-floaters due 2026

Chicago, June 24 – Peapack-Gladstone Financial Corp. has given notice that it plans to redeem all $50 million 6% fixed-to-floating-rate subordinated notes due June 30, 2026, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus interest to the redemption date, June 30.

Peapack-Gladstone Financial is the holding company for Peapack-Gladstone Bank, which is based in Bedminster, N.J.


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