Truist set to redeem all $1.25 billion 2.05% notes due May 2021

By Rebecca Melvin

Concord, N.H., March 30 – Truist Financial Corp. plans to redeem all of its $1.25 billion 2.05% senior notes due May 10, 2021 (Cusip: 05531FAV5) on April 9, according to a news release.

The notes will be redeemed at par plus accrued and unpaid interest.

Payment for the notes will be made through the facilities of the Depository Trust Co.

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

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