By Andrea Heisinger
New York, Dec. 16 - Regions Bank reopened its 3.25% bank notes due Dec. 9, 2011 to add $250 million, according to an 8-K filing with the Securities and Exchange Commission.
The non-callable notes (Aaa/AAA/AAA) were issued Tuesday.
Total issuance is $2 billion, including $1.75 billion issued on Dec. 11.
The subsidiary of Regions Financial Corp. is based in Birmingham, Ala.
| Issuer: | Regions Bank
|
| Guarantor: | Federal Deposit Insurance Corp.
|
| Issue: | FDIC-backed senior bank notes
|
| Amount: | $250 million reopened
|
| Maturity: | Dec. 9, 2011
|
| Coupon: | 3.25%
|
| Call: | Non-callable
|
| Trade date: | Dec. 16
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
| Total issuance: | $2 billion, including $1.75 billion issued Dec. 11
|
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