Forbright to Redeem $25 Million of Subordinated Notes on Dec. 1
Forbright (FRBT) announced it will redeem all $25 million of its 5.75% fixed-to-floating rate subordinated notes on December 1, 2026. The redemption price is 100% of principal plus accrued interest. The notes were originally due in 2029. The company notified holders on October 21, 2026.
