
Renasant Corp., founded in 1904 and headquartered in Tupelo, Mississippi, serves as a diversified financial services company dedicated to providing banking and financial solutions to its customers. The company’s key offerings include commercial and consumer banking, mortgage banking, and wealth management services, catering to individuals and businesses across the Southeastern United States.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RNST 3.00% 2031-12-01 USDRenasant Corp. | United States | 2031-12-01 | 3.000 | 7.45 |
RNST 4.50% 2035-09-15 USDRenasant Corp. | United States | 2035-09-15 | 4.500 | 7.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Renasant has been issuing bonds since 2015 to support its growth and capital needs, including a notable issuance of $100 million in subordinated debentures in 2018. This issuance was significant as it allowed Renasant to bolster its Tier 2 capital, supporting strategic expansions and acquisitions. Current yields on Renasant’s bonds are competitive within the industry, reflecting the company's strong credit rating. In 2023, Renasant announced plans for new bond offerings associated with an expansion of its digital banking services, further establishing its commitment to innovation in the financial sector.