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Truist Bank Announces Redemption of Fixed-to-Floating Rate Senior Bank Notes due 2021


CHARLOTTE, N.C., Jan. 14, 2020 /PRNewswire/ -- Truist Bank today announced the redemption on January 29, 2020, of all of its outstanding Fixed-to-Floating Rate Senior Bank Notes due 2021 (CUSIP No. 86787EAU1) (the "Notes").  The redemption price for each of the Notes will be equal to 100% of the principal amount of the Notes (par), plus accrued and unpaid interest thereon to, but excluding, the redemption date of January 29, 2020.

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Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company.

About Truist

Truist Financial Corporation (NYSE: TFC) is a purpose-driven company dedicated to building a better future for its clients, teammates and communities. With 275 years of combined BB&T and SunTrust history, Truist is one of the nation's largest financial services holding companies offering a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending and wealth management. Headquartered in Charlotte, North Carolina, Truist serves approximately 10 million households with leading market share in many high-growth markets in the country. Truist Bank, Member FDIC. Learn more at Truist.com.

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SOURCE Truist Financial Corporation