|8-KFeb 10, 1:05 PM ET

UNIVEST FINANCIAL Corp 8-K

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Univest Financial Corp Extends Exchange Offer for 6.00% Subordinated Notes

What Happened
Univest Financial Corporation announced (in an 8-K filed Feb 10, 2026) that it has extended the expiration date of its exchange offer for any and all outstanding 6.00% Fixed-to-Floating Subordinated Notes due 2035. The Exchange Offer, which exchanges unregistered Old Notes issued Nov 6, 2025 for newly registered New Notes (registered under the Securities Act), was extended from 5:00 p.m. Eastern on Feb 9, 2026 to 5:00 p.m. Eastern on Feb 11, 2026, unless further extended. UMB Bank, N.A. is acting as exchange agent.

Key Details

  • Security: 6.00% Fixed-to-Floating Subordinated Notes due 2035 (Old Notes → New Notes).
  • Original expiration: 5:00 p.m. ET on Feb 9, 2026; New expiration: 5:00 p.m. ET on Feb 11, 2026 (unless further extended).
  • Old Notes were issued in an unregistered offering on Nov 6, 2025; New Notes are registered under the Securities Act (see Registration Statement on Form S-4, File No. 333-292296).
  • Exchange agent/contact: UMB Bank, N.A., (713) 300-0589. Other terms remain as described in the Prospectus.

Why It Matters
For holders of the Old Notes, the extension provides additional time to decide whether to tender Old Notes and receive the registered New Notes, which may improve transferability and liquidity. The filing reiterates that terms of the Exchange Offer are unchanged aside from the deadline and directs investors to the Prospectus and Form S-4 for full details—important documents for evaluating any tax, legal or liquidity implications before tendering.