Summary
Truist Financial Corporation (TFC), formerly BB&T Corporation, announced the issuance and sale of $1.1 billion in aggregate principal amount of 2.200% Medium-Term Notes, Series G (Senior), due March 16, 2023. This debt offering was conducted under a previously filed registration statement with the SEC. The purpose of this filing is primarily to provide legal opinions regarding the validity of these notes.
Key Highlights
- 1TFC issued $1.1 billion in Medium-Term Notes.
- 2The notes carry a 2.200% coupon rate.
- 3The maturity date for these notes is March 16, 2023.
- 4The debt issuance is classified as Senior debt.
- 5The offering was made under a previously filed Form S-3 registration statement.
- 6Legal opinions from external counsel (Squire Patton Boggs) and internal counsel (Robert J. Johnson, Jr.) were filed as exhibits.
- 7The filing also includes consents from these legal counsel.