HANMI FINANCIAL CORP (HAFC): Entry into a Material Definitive Agreement
HANMI FINANCIAL CORP (HAFC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 3 d170447dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 SUBORDINATED NOTE PURCHASE AGREEMENT This SUBORDINATED NOTE PURCHASE AGREEMENT (this “ Agreement ”) is dated as of July 30, 2026, and is made by and among Hanmi Financial Corporation, a Delaware corporation (“ Company ”), a
How this was made
The 30-second read
Why it matters
The company is offering up to $55,000,000 of subordinated notes intended to qualify as Tier 2 capital, with D.A. Davidson & Co acting as exclusive placement agent and purchasers being accredited investors or QIBs.
Market read
This is a fresh, primary disclosure of a Tier 2 capital raise, which can influence how investors model regulatory capital and funding costs for the bank.
What to watch
Traders will need the full exhibit details (coupon, call features, maturity, use of proceeds, and any regulatory capital ratio targets) to judge whether the issuance is accretive or dilutive to risk and earnings.
Background
The filing is an SEC Form 8-K for Hanmi Financial Corp, reporting entry into a material definitive agreement and creation of a direct financial obligation.
Ticker impact
Hanmi Financial Corp entered a Subordinated Note Purchase Agreement to raise up to $55M in Tier 2 capital via institutional investors.
Likely modest, with direction depending on coupon/terms not shown here; traders may watch for capital ratio impact and any follow-on details in the full exhibit.
This is a primary SEC filing and a concrete capital-structure action, but the excerpt does not include pricing, maturity, covenants, or expected impact on earnings, limiting conviction on direction.
Market effects
Adds a data point on regional bank capital management via Tier 2 subordinated debt, relevant for bank funding and capital markets sentiment.
Limited direct regional impact beyond Hanmi’s own capital position.
Low; this is a single-bank capital raise with no cross-border element in the provided text.
Counterpoint
If the subordinated notes carry expensive pricing or restrictive terms, the capital raise could be viewed as a funding-cost headwind rather than a positive capital action.
Key entities
- issuerHanmi Financial Corporation
Subject of the 8-K, offering subordinated notes intended to qualify as Tier 2 capital.
- placement_agentD.A. Davidson & Co.
Exclusive placement agent engaged for the subordinated notes offering.
- subsidiaryHanmi Bank
Wholly-owned subsidiary referenced in the agreement definitions.
