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Published on 12/13/2019 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Truist to redeem 2.25%, floating-rate bank notes at par on Dec. 31

By Sarah Lizee

Olympia, Wash., Dec. 13 – Truist Financial Corp. said that on Dec. 31 it will redeem all of its outstanding 2.25% senior bank notes due January 2020 and floating-rate senior bank notes due January 2020.

The redemption price will be par plus accrued interest to but excluding the redemption date.

Truist is a Charlotte, N.C.-based financial services holding company.


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