Premier Financial Corp. announced the closing of its offering of $50.0 million aggregate principal amount of 4.00% fixed-to-floating rate subordinated notes due 2030 (the ‘Notes’) in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended (the ‘Securities Act’). The net proceeds from the sale of the Notes are approximately $48.75 million, after deducting the estimated offering expenses payable by Premier. Premier intends to use the net proceeds from the offering of the Notes for general corporate purposes. Piper Sandler & Co. and Keefe, Bruyette & Woods, A Stifel Company, acted as joint book-running managers for the offering.