Truist Financial Corporation has announced its intention to redeem its floating rate senior notes, which are due on July 28, 2026. The redemption will occur on July 28, 2025, involving a total principal amount of $1.5 billion. The redemption price will equal 100% of the principal amount, along with any accrued and unpaid interest up to, but not including, the redemption date. After this date, interest will no longer accrue on these notes. The payment for this redemption will be facilitated through The Depository Trust Company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Truist Financial Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY32962) on July 17, 2025, and is solely responsible for the information contained therein.