Truist Bank Announces Redemption of Fixed-to-Floating Rate Senior Bank Notes due 2021

CHARLOTTE, N.C., Jan. 14, 2020 /PRNewswire/ -- Truist Bank today announced the redemption on January 29, 2020, of all of its outstanding Fixed-to-Floating Rate Senior Bank Notes due 2021 (CUSIP No. 86787EAU1) (the "Notes").  The redemption price for each of the Notes will be equal to 100% of the principal amount of the Notes (par), plus accrued and unpaid interest thereon to, but excluding, the redemption date of January 29, 2020.

Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company.

About Truist

Truist Financial Corporation (NYSE: TFC) is a purpose-driven company dedicated to building a better future for its clients, teammates and communities. With 275 years of combined BB&T and SunTrust history, Truist is one of the nation's largest financial services holding companies offering a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending and wealth management. Headquartered in Charlotte, North Carolina, Truist serves approximately 10 million households with leading market share in many high-growth markets in the country. Truist Bank, Member FDIC. Learn more at Truist.com.

View original content:http://www.prnewswire.com/news-releases/truist-bank-announces-redemption-of-fixed-to-floating-rate-senior-bank-notes-due-2021-300986919.html

SOURCE Truist Financial Corporation