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Regions Financial issues $1 bilion in senior notes

Published 2024/09/06, 23:00
RF
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Regions Financial Corp (NYSE:RF) has announced the issuance and sale of $1 billion in senior notes, according to a recent 8-K filing with the Securities and Exchange Commission. The 5.502% Fixed Rate / Floating Rate Senior Notes, due in 2035, were sold under an underwriting agreement with a consortium of banks including Barclays (LON:BARC) Capital Inc., Citigroup Global Markets Inc., Deutsche Bank (ETR:DBKGn) Securities Inc., UBS Securities LLC, and Regions Securities LLC.


The agreement, dated September 3, 2024, led to proceeds of approximately $996 million before offering expenses. The notes were issued under an indenture dated August 8, 2005, and supplemented by the Fourteenth Supplemental Indenture on Thursday.



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