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Prospect News home > News index > List of issuers S > Headlines for SunTrust Banks, Inc. > News item
Published on 4/26/2013 in the Prospect News Investment Grade Daily.

SunTrust Banks to tap market for $500 million 10-year notes

By Andrea Heisinger

New York, April 26 - SunTrust Banks, Inc. is expected to price $500 million of 10-year notes (A3/BBB+/BBB+), a source away from the trade said.

Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and SunTrust Robinson Humphrey Inc. are the bookrunners.

The Atlanta-based financial services company last sold bonds in the U.S. market in a $750 million offering of five-year paper on Oct. 27, 2011.


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