CHARLOTTE, N.C., May 28, 2024
/PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today
announced it will redeem all $1,000,000,000 principal amount outstanding of
its floating rate senior notes due June 9,
2025 (CUSIP 89788MAF9) on the redemption date of
June 9, 2024.
The redemption price for the senior notes will be equal to 100%
of the principal amount plus accrued and unpaid interest to, but
excluding, the redemption date. Interest on the senior notes will
cease to accrue on and after the redemption date.
Payment of the redemption price for the senior notes will be
made through the facilities of The Depository Trust Company.
About Truist
Truist Financial Corporation is a
purpose-driven financial services company committed to inspiring
and building better lives and communities. As a leading U.S.
commercial bank, Truist has leading market share in many of the
high-growth markets across the country. Truist offers a wide range
of products and services through our wholesale and consumer
businesses, including consumer and small business banking,
commercial banking, corporate and investment banking, wealth
management, payments, and specialized lending businesses.
Headquartered in Charlotte, North
Carolina, Truist is a top-10 commercial bank with total
assets of $535 billion as of
March 31, 2024. Truist Bank, Member
FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation