Truist announces redemption of senior notes due October 2026

Truist Financial (NYSE: TFC) announced it will redeem all outstanding fixed-to-floating rate senior notes due October 28, 2026 on the redemption date of October 28, 2025.

Rhea-AI Summary

Truist Financial (NYSE: TFC) announced it will redeem all outstanding fixed-to-floating rate senior notes due October 28, 2026 on the redemption date of October 28, 2025.

The company will redeem $750,000,000 principal amount (CUSIP 89788MAJ1) at a redemption price equal to 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. Interest on the senior notes will cease to accrue on and after the redemption date. Payment will be made through the facilities of The Depository Trust Company.

Truist reported total assets of $544 billion as of June 30, 2025.

Positive

• $750,000,000 of senior notes scheduled for redemption on Oct 28, 2025
• Redemption price set at 100% of principal plus accrued interest

Negative

• None.

Argus Oct 17 session

+3.67% close to close Open Argus

Details

News Market Reaction – TFC

On Oct 17, the first trading day after this news, TFC closed 3.67% above the previous close.

Data tracked by StockTitan Argus for the Oct 17 session.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

CHARLOTTE, N.C., Oct. 16, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will redeem all $750,000,000 principal amount outstanding of its fixed-to-floating rate senior notes due October 28, 2026 (CUSIP 89788MAJ1) on the redemption date of October 28, 2025.

The redemption price for the senior notes will be equal to 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date. Interest on the senior notes will cease to accrue on and after the redemption date.

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

About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $544 billion as of June 30, 2025. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com.

View original content:https://www.prnewswire.com/news-releases/truist-announces-redemption-of-senior-notes-due-october-2026-302586601.html

SOURCE Truist Financial Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What debt is Truist (TFC) redeeming on October 28, 2025?

Truist will redeem all outstanding fixed-to-floating senior notes due Oct 28, 2026, totaling $750,000,000 (CUSIP 89788MAJ1).

What redemption price will Truist (TFC) pay for the notes due Oct 2026?

The redemption price is 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date.

When does interest cease on the Truist (TFC) senior notes being redeemed?

Interest on the senior notes will cease to accrue on and after the redemption date: Oct 28, 2025.

How will Truist (TFC) make payment for the redeemed senior notes?

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

What was Truist's reported asset size when announcing the redemption?

Truist reported total assets of $544 billion as of June 30, 2025.