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Published on 4/19/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Truist Financial to redeem $250 million floaters due June 1

By Wendy Van Sickle

Columbus, Ohio, April 19 – Truist Financial Corp. will redeem all $250 million of its floating-rate senior notes due June 1, 2021 (Cusip: 05531FBC6) on May 1 at par plus interest, according to a news release.

The redemption date occurs on a weekend, so payment will be made on May 3.

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


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