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Horizon Bancorp, Inc. Announces Successful Execution of Balance Sheet Repositioning

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

MICHIGAN CITY, Ind., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Horizon Bancorp, Inc. (NASDAQ: HBNC) (“Horizon”), the parent company of Horizon Bank, today announced significant progress on the previously announced efforts to reposition its balance sheet. On August 29, 2025, Horizon closed on the previously announced $100,000,000 in aggregate principal amount of fixed-to-floating rate subordinated notes due 2035. Forward-Looking StatementsThis press release may contain forward–looking statements regarding the financial performance, business prospects, growth and operating strategies of Horizon Bancorp, Inc. and its affiliates (collectively, “Horizon”). For these statements, Horizon claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Undue reliance should not be placed on the forward–looking statements, which speak only as of the date hereof.

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