Truist announces redemption of senior notes due June 2025

Group 1 - Truist Financial Corporation will redeem all $1,000,000,000 principal amount of its floating rate senior notes due June 9, 2025 on June 9, 2024 [1] - The redemption price will be 100% of the principal amount plus accrued and unpaid interest, with interest ceasing to accrue after the redemption date [2] - Truist Financial Corporation is a leading U.S. commercial bank with total assets of $535 billion as of March 31, 2024, and offers a wide range of financial services [3]