16:15 ETTruist announces redemption of senior notes due May 2027
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Truist Bank (NYSE: TFC) has announced the redemption of all $1.25 billion of its fixed-to-floating rate senior notes due May 20, 2027. The redemption will occur on May 20, 2026, at a price equal to 100% of the principal plus accrued interest. Interest will cease to accrue after the redemption date. Truist Financial Corporation is a major financial services company based in Charlotte, North Carolina, with total assets of $549 billion as of March 31, 2026.
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