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Truist Bank planning floating-rate notes due January 2024; price talk SOFR plus 30 bps area
By Cristal Cody
Chicago, Sept. 8 – Truist Bank is planning to sell a single tranche of floating-rate notes due Jan. 17, 2024, a market source noted.
The notes are being talked in the SOFR plus 30 basis points area.
Citigroup Global Markets Inc. and Truist Securities Inc. are listed as bookrunners.
Truist is a Charlotte, N.C.-based bank.
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