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Published on 5/13/2020 in the Prospect News Investment Grade Daily.

Regions Financial plans fixed-rate senior notes via five bookrunners

By Devika Patel

Knoxville, Tenn., May 13 – Regions Financial Corp. intends to price fixed-rate senior notes, according to a 424B2 filing with the Securities and Exchange Commission.

The bonds have a make-whole call and then a par call.

J.P. Morgan Securities LLC, Barclays, Goldman Sachs & Co. LLC, RBC Capital Markets Corp. and Regions Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes.

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


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