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SunTrust calls all $1.19 billion SunTrust Capital VIII, IX preferreds
By Tali David
Minneapolis, June 8 - SunTrust Banks, Inc. called all $1,187,829,000 of its SunTrust Capital VIII and IX trust preferred securities, according to a press release.
The bank will redeem the 6.1% VIII preferreds, which are due Dec. 15, 2036, and the 7.875% IX preferreds, which are due March 15, 2068, on July 11.
U.S. Bank, NA is the paying agent.
The bank is based in Atlanta.
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