SunTrust Banks to price five-year notes linked to Dow Industrials

By Angela McDaniels

Tacoma, Wash., April 7 - SunTrust Banks, Inc. plans to price 0% market-participation notes due April 29, 2016 linked to the Dow Jones Industrial Average, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 80% to 90% of the index return, subject to a minimum payout of par. The exact participation rate will be set at pricing.

The notes (Cusip: 86802WAE8) will price April 26 and settle April 29.

SunTrust Robinson Humphrey, Inc. is the agent.

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