Truist Bank announces redemption of fixed rate senior notes due January 2022
CHARLOTTE, N.C., Dec. 3, 2021 /PRNewswire/ -- Truist Bank today announced it will redeem all $1,000,000,000 principal amount outstanding of its fixed rate senior notes due Jan. 15, 2022 (CUSIP 07330NAQ8) on the redemption date of Dec. 15, 2021.
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.
SOURCE Truist Financial Corporation
Company Codes: NYSE:TFC
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