Truist Bank to redeem all $1 billion notes due 2022

By Wendy Van Sickle

Columbus, Ohio, Dec. 3 – Truist Financial Corp. said Truist Bank plans to redeem all $1 billion of its fixed-rate notes due Jan. 15, 2022 (Cusip: 07330NAQ8) on Dec. 15, according to a news release.

The notes will be redeemed at par plus accrued 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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