{"id":400391,"date":"2020-12-15T16:11:14","date_gmt":"2020-12-15T21:11:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400391"},"modified":"2020-12-15T16:11:14","modified_gmt":"2020-12-15T21:11:14","slug":"truist-announces-redemption-of-senior-notes-due-february-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/truist-announces-redemption-of-senior-notes-due-february-2021\/","title":{"rendered":"Truist Announces Redemption of Senior Notes due February 2021"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n CHARLOTTE, N.C.<\/span>, Dec. 15, 2020<\/span> \/PRNewswire\/ —\u00a0Truist Financial Corporation (NYSE: TFC) today announced it will redeem on January 1, 2021<\/span>, all $1,000,000,000<\/span> principal amount outstanding of its 2.150% Series G Senior Notes due February 1, 2021<\/span> (CUSIP No. 05531FAZ6) and all $300,000,000<\/span> principal amount outstanding of its Series G Floating Rate Senior Notes due February 1, 2021<\/span> (CUSIP No. 05531FBA0) (collectively, the “Senior Notes”).<\/p>\n

The redemption price for the Senior Notes will be equal to 100% of their principal amount plus accrued and unpaid interest to, but excluding, the redemption date of January 1<\/span>, 2021.\u00a0 Interest on the Senior Notes will cease to accrue on and after the redemption date.<\/p>\n

As the redemption date is a holiday, payment of the redemption price of the Senior Notes will be made the next following business day, January 4, 2021<\/span>, through the facilities of The Depository Trust Company.<\/p>\n

\n
\n About Truist
<\/u>
\n <\/b>Truist Financial Corporation is a purpose-driven financial services company committed to inspire and build better lives and communities. With 275 years of combined BB&T and SunTrust history, Truist has leading market share in many high-growth markets in the country. The company offers 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<\/span>, Truist is the sixth-largest commercial bank in the U.S. with total assets of $499 billion<\/span> as of September 30, 2020<\/span>. Truist Bank, Member FDIC. Learn more at Truist.com<\/a>.<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/truist-announces-redemption-of-senior-notes-due-february-2021-301193472.html<\/a><\/p>\n

SOURCE Truist Financial Corporation<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire CHARLOTTE, N.C., Dec. 15, 2020 \/PRNewswire\/ —\u00a0Truist Financial Corporation (NYSE: TFC) today announced it will redeem on January 1, 2021, all $1,000,000,000 principal amount outstanding of its 2.150% Series G Senior Notes due February 1, 2021 (CUSIP No. 05531FAZ6) and all $300,000,000 principal amount outstanding of its Series G Floating Rate Senior Notes due February 1, 2021 (CUSIP No. 05531FBA0) (collectively, the “Senior Notes”). The redemption price for the Senior Notes will be equal to 100% of their principal amount plus accrued and unpaid interest to, but excluding, the redemption date of January 1, 2021.\u00a0 Interest on the Senior Notes will cease to accrue on and after the redemption date. As the redemption date is a holiday, payment … <\/p>\n

Continue reading “Truist Announces Redemption of Senior Notes due February 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400391","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTruist Announces Redemption of Senior Notes due February 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/truist-announces-redemption-of-senior-notes-due-february-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Truist Announces Redemption of Senior Notes due February 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CHARLOTTE, N.C., Dec. 15, 2020 \/PRNewswire\/ —\u00a0Truist Financial Corporation (NYSE: TFC) today announced it will redeem on January 1, 2021, all $1,000,000,000 principal amount outstanding of its 2.150% Series G Senior Notes due February 1, 2021 (CUSIP No. 05531FAZ6) and all $300,000,000 principal amount outstanding of its Series G Floating Rate Senior Notes due February 1, 2021 (CUSIP No. 05531FBA0) (collectively, the “Senior Notes”). 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