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Regions Financial files $2 billion shelf
By Ted A. Knutson
Washington, July 22 - Regions Financial Corp. filed for a $2 billion shelf in an S-3 registration with the Securities and Exchange Commission.
The shelf allows the company to issue senior and subordinated debt securities, common and preferred shares, depositary shares, warrants, stock purchase contracts and units. Securities may be issued as convertibles.
The Birmingham, Ala.-based financial services holding company said offerings authorized by the shelf would be used for general corporate purposes.
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