Truist to redeem early $2 billion 2.8% notes, floaters due 2022

By Wendy Van Sickle

Columbus, Ohio, March 31 – Truist Financial Corp. plans to redeem all $1.35 billion of its 2.8% senior notes due May 17, 2022 (Cusip: 86787EBE6) and $650 million floating-rate notes due May 17, 2022 (Cusip: 86787EBD8) on April 17, according to a press release on Thursday.

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.

© 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.