SVB Financial Group Announces Pricing of $350 Million 4.345% and $450 Million 4.570% Senior Fixed/Floating Rate Notes

SANTA CLARA, Calif., April 26, 2022 /PRNewswire/ — SVB Financial Group (“SVB”) (NASDAQ: SIVB) today announced pricing for an underwritten offering of $350 million in aggregate principal of its 4.345% senior fixed/floating rate notes due 2028 and $450 million in aggregate principal amount of its 4.570% senior fixed/floating rate notes due 2033.

The offer is expected to close on April 29, 2022, subject to satisfaction of customary closing conditions. SVB intends to use the net proceeds of the offering for general corporate purposes.

Goldman Sachs & Co. LLC, BofA Securities, Inc. and Morgan Stanley & Co. LLC are acting as joint bookrunners for the offering. SVB Securities LLC acts as co-manager.

The offering is being made pursuant to an effective shelf registration statement, including a prospectus and prospectus supplement, filed by SVB with the United States Securities and Exchange Commission (“SEC”). Investors should read the prospectus in this registration statement, the related prospectus supplement and other documents SVB has filed with the SEC for more complete information about SVB and the offering before investing. These documents may be obtained free of charge by visiting the SEC’s website at www.sec.gov. Alternatively, SVB, one of the underwriters or any dealer participating in the offering will arrange to send you the prospectus contained in the registration statement, together with the related prospectus supplement, if you request it in calling Goldman Sachs & Co. LLC at 1-212-902-1171 or emailing [email protected]by calling BofA Securities, Inc. at 1-800-294-1322 or emailing [email protected] or by calling Morgan Stanley & Co. LLC at 1-866-718-1649. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy these securities, and there will be no sale of these securities in any state or jurisdiction in which any such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or territory.

About SVB
SVB is the financial partner of the innovation economy, helping the world’s most innovative individuals, investors and companies achieve their ambitious goals. SVB’s businesses – Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities – together provide the services dynamic and fast-growing clients need as they grow, including commercial banking, venture investing, wealth planning and investment banking. Based at Santa Clara, CaliforniaSVB operates in innovation centers around the world.

SVB Financial Group (SVB) (Nasdaq: SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron are trademarks of SVB Financial Group, used under licence. Silicon Valley Bank is a member of the FDIC and the Federal Reserve. Silicon Valley Bank is the California banking subsidiary of SVB Financial Group.

Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond SVB Financial Group’s control. Forward-looking statements are statements that are not historical facts and can generally be identified by the use of words such as “become”, “may”, “will”, “should”, “could”, “should”, “predict”, “potential”, “continue”, “anticipate”, “believe”, “estimate”, “seek”, “expect”, “plan”, “intend”, the negative of such words or comparable terminology.Although SVB Financial Group believes that the expectations reflected in SVB Financial Group’s forward-looking statements are reasonable, SVB Financial Group has based such expectations on its current beliefs as well as assumptions, and such expectations may may prove to be incorrect.Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond the control of SVB Financial Group. The declarations Forward-looking statements relating to the offer and the actual results of operations and financial performance of SVB Groupe Financier could differ materially from those expressed or implied in the forward-looking statements of SVB Groupe Financier. The forward-looking statements included in this disclosure are made only as of the date of this disclosure. SVB Financial Group does not intend and undertakes no obligation to update these forward-looking statements.

[SIVB-F]

SOURCE Bank of Silicon Valley

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