Truist Bank will redeem all $850,000,000 principal amount outstanding of its fixed rate subordinated notes due Oct. 30, 2026, on a redemption date of Sept. 30, 2026. The notes carry CUSIP 07330MAA5. The redemption price will equal 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date, and interest on the notes will cease to accrue on and after that date. Payment of the redemption price will be made through the facilities of The Depository Trust Company. Truist Financial Corporation, headquartered in Charlotte, North Carolina, is a top-10 commercial bank with total assets of $556 billion as of June 30, 2026.
Truist Financial CorpTruist Bank redeems $850M of subordinated notes due 2026 at par plus accrued interest, a capital/liability-management event.
