Regions Bank to redeem $750 million of 2.25% notes on Aug. 14 at par

By Susanna Moon

Chicago, Aug. 2 – Regions Financial Corp. said that Regions Bank has issued a redemption notice for its $750 million principal amount of outstanding 2.25% senior notes due Sept. 14, 2018.

The notes will be redeemed on Aug. 14 at par plus accrued interest to the redemption date, according to an 8-K filing with the Securities and Exchange Commission.

The redemption will be funded with cash on hand, the filing noted.

Regions is a financial services company based in Birmingham, Ala.

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