Truist to redeem floaters due 2021, fixed-to-floaters due 2021

By Taylor Fox

New York, Oct. 6 – Truist Bank plans to redeem all $300 million of its outstanding floating-rate senior bank notes due October 2021 (Cusip: 86787EAZ0) and all $600 million fixed-to-floating rate senior bank notes due October 2021 (Cusip: 86787EBA4) on Oct. 26, according to a news release.

Both sets of notes will be redeemed at par, plus interest.

Truist is a Charlotte, N.C.-based bank holding company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.