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Published on 12/10/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Truist to redeem all $1 billion 2.7% senior notes due 2022

By William Gullotti

Buffalo, N.Y., Dec. 10 – Truist Financial Corp. announced the redemption for all $1 billion of its 2.7% senior notes due Jan. 27, 2022 (Cusip: 867914BM4) on Dec. 27, according to a press release on Friday.

The notes will be redeemed at par plus accrued interest.

Payment for the notes will be made through the facilities of the Depository Trust Co.

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


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