Every 424B that SYNCHRONY FINANCIAL (SYF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow SYF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SYF filings page.
Synchrony Financial is issuing $600 million of 5.450% Fixed-to-Floating Rate Senior Notes due 2030 and $500 million of 6.276% Fixed-to-Floating Rate Senior Notes due 2037. The 2030 notes pay a fixed 5.450% coupon until October 15, 2029, then reset quarterly to Compounded SOFR + 134.6 bps until maturity on October 15, 2030. The 2037 notes pay 6.276% until July 31, 2036, then reset to Compounded SOFR + 202.9 bps until July 31, 2037.
Both series are senior unsecured obligations ranking equally with other unsecured unsubordinated debt and are structurally subordinated to liabilities of subsidiaries. Synchrony expects $1.09 billion of net proceeds, to be used for general corporate purposes, potentially including contributions or loans to Synchrony Bank. As of June 30, 2026, the company reported $121.9 billion in total assets, $82.8 billion in deposits and $1.69 billion in net earnings for the first six months of 2026.
Synchrony Financial is conducting a primary offering of two series of fixed‑to‑floating rate senior unsecured notes. The notes pay a fixed rate for an initial period, then a floating rate based on Compounded SOFR plus a spread, with interest payable in arrears. They rank equally with Synchrony’s other unsecured, unsubordinated debt but are structurally subordinated to all liabilities of subsidiaries, including bank deposits and securitization debt. Proceeds are intended for general corporate purposes and may be contributed or lent to Synchrony Bank.
For the six months ended June 30, 2026, Synchrony reported net earnings of $1,690 million on interest income of $11,186 million and loan receivables of $102,208 million. At June 30, 2026, total assets were $121,930 million, deposits were $82,806 million, and total subsidiary and securitization liabilities were $97.5 billion.
Synchrony Financial is offering 500,000 depositary shares, each representing a 1/100th interest in a share of its Series C Preferred Stock (equivalent to 5,000 preferred shares). The public offering price is $1,000 per depositary share ($500,000,000 aggregate) and dividends are payable quarterly commencing August 15, 2026.
Dividends are fixed at 7.250% per annum until the First Reset Date (August 15, 2031), and thereafter will reset each five‑year period to the Five‑Year U.S. Treasury Rate plus 3.078 percentage points. Redemption is at Synchrony’s option subject to Federal Reserve approval (on or after the First Reset Date or following a defined regulatory capital treatment event). The depositary shares will not be listed on any exchange.
Synchrony Financial is offering depositary shares representing fractional interests in its Series C Preferred Stock. Each depositary share represents a 1/100th interest in a share of Series C Preferred Stock with a liquidation preference of $1,000 per depositary share (equivalent to $100,000 per preferred share). Dividends, if declared, are non-cumulative and payable quarterly beginning August 15, 2026 at an initial fixed rate through the First Reset Date (August 15, 2031), then resetting each reset period to the Five-Year U.S. Treasury Rate plus a stated spread. Redemption is at Synchrony’s option subject to Federal Reserve approval, including redemption following a defined regulatory capital treatment event. The depositary shares will not be listed and the offering proceeds are stated as for general corporate purposes.
Synchrony Financial is offering $750,000,000 aggregate principal amount of 4.947% fixed-to-floating senior notes due February 25, 2032 pursuant to a prospectus supplement.
The notes pay 4.947% interest through February 25, 2031, then reset to Compounded SOFR plus 153 basis points through maturity, are unsecured and rank equally with other unsecured indebtedness. Net proceeds are estimated at $744.25 million for general corporate purposes.
Synchrony Financial intends to offer fixed-to-floating rate senior notes, as described in a preliminary prospectus supplement dated February 18, 2026 and labelled "subject to completion."
The notes are senior, unsecured obligations that will rank equally with Synchrony’s other unsecured, unsubordinated debt and will initially bear a fixed rate for an initial period before converting to a floating rate tied to Compounded SOFR plus a stated spread. The prospectus supplement states the offering will be issued in book-entry form through The Depository Trust Company and that net proceeds are intended for general corporate purposes, which may include contributions or loans to Synchrony Bank. The supplement reiterates key company metrics: $182.3 billion of purchase volume financed in 2025, $103.8 billion of loan receivables and 70.7 million active accounts as of December 31, 2025, and $81.1 billion in deposits at the Bank as of that date.