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QCR Holdings, Inc. Completes Private Placements of Subordinated Notes

created: Sept. 15, 2025, 8:05 p.m. | updated: Sept. 16, 2025, 6:24 p.m.

MOLINE, Ill., Sept. 15, 2025 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced that it has completed private placements of $70 million in aggregate principal amount subordinated notes. The private placements were issued in two separate tranches consisting of $50 million in aggregate principal amount of 6.875% Fixed-to-Floating Rate Subordinated Notes due September 2035 (the “2035 Notes”) and $20 million in aggregate principal amount of 7.225% Fixed-to-Floating Subordinated Notes due September 2037 (the “2037 Notes”). The Company intends to use the net proceeds from the private placements for general corporate purposes, including the previously-announced redemption of the Company’s subordinated notes. “These new issuances align with the Company’s July 25, 2025 announced redemption of $70 million in callable subordinated notes,” said Todd A. Gipple, President and Chief Executive Officer. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company.

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