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Published on 8/1/2016 in the Prospect News Investment Grade Daily.

Synchrony Financial expects to price 10-year notes

By Lisa Kerner

Charlotte, N.C., Aug. 1 – Synchrony Financial is expected to price 10-year notes, according to a 424B5 filing with the Securities and Exchange Commission.

BofA Merrill Lynch, Mizuho Securities USA Inc. and MUFG are the joint bookrunners.

Proceeds will be used for general corporate purposes.

Synchrony is a consumer financial services company based in Stamford, Conn.


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