Loan & DebtApr 23, 2026, 08:32 AM
Truist Issues $2B in Fixed-to-Floating Rate Notes
AI Summary
Truist Financial Corporation announced the issuance and sale of $2 billion in aggregate principal amount of fixed-to-floating rate medium-term notes. This includes $1 billion of 4.680% notes maturing on April 23, 2032, and $1 billion of 5.281% notes maturing on April 23, 2037. The notes were registered under a Form S-3 registration statement.
Key Highlights
- Issued $1 billion of 4.680% Fixed-to-Floating Rate Notes due April 23, 2032.
- Issued $1 billion of 5.281% Fixed-to-Floating Rate Notes due April 23, 2037.
- Total aggregate principal amount of $2 billion raised through note sales.
- Notes are Series I (Senior) Medium-Term Notes.
Price Impact
More from TFC