Financial Institutions, Inc. 4.375% 15-OCT-2030Financial Institutions, Inc. 4.375% 15-OCT-2030Financial Institutions, Inc. 4.375% 15-OCT-2030

Financial Institutions, Inc. 4.375% 15-OCT-2030

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Key terms


Outstanding amount
‪35.00 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
4.38% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
7.22%
Maturity date
Oct 15, 2030
Term to maturity
5 years

About Financial Institutions, Inc. 4.375% 15-OCT-2030


Sector
Finance
Industry
Regional Banks
Issue date
Oct 7, 2020
FIGI
BBG00YNKDWS0
Financial Institutions, Inc. is a holding company, which engages in the provision of financial services. It operates through the following segments: Banking, Non-Banking, and Holding Company and Other. The Banking segment includes retail and commercial banking operations. The Non-Banking segment consists of the activities of SDN, a full-service insurance agency that offers insurance services to both personal and business clients, and Courier Capital, an investment advisor and wealth management firm that delivers customized investment management, investment consulting, and retirement plan services to individuals, businesses, institutions, foundations, and retirement plans. The company was founded in 1931 and is headquartered in Warsaw, NY.
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