First Interstate BancSystem Inc., founded in 1993 and headquartered in Billings, Montana, serves as a regional banking institution dedicated to providing comprehensive financial solutions across the Northern Rocky Mountain region. The company offers a diverse range of products and services, including personal and commercial banking, mortgage lending, and investment management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FIBK 5.25% 2030-05-15 USDFirst Interstate BancSystem Inc. | United States | 2030-05-15 | 5.250 | 8.05 |
| FIBK 7.63% 2035-06-15 USDFirst Interstate BancSystem Inc. | United States | 2035-06-15 | 7.625 | 7.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
First Interstate BancSystem began issuing bonds in the early 2000s, with a significant 2016 issuance of $100 million, dedicated to supporting its expansion initiatives. As of October 2023, the company's bonds yield approximately 4.2%, aligning closely with the industry average. Notably, First Interstate’s bonds feature a strong credit rating of 'A-', reflecting its stable financial performance and prudent risk management practices.