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Truist Bank to redeem certain senior bank notes due 2020

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Truist Bank to redeem certain senior bank notes due 2020

Truist Bank will redeem on Dec. 31 all of its outstanding 2.25% senior bank notes and floating-rate senior bank notes, which are both due in January 2020.

The redemption price for each of the senior bank notes will be equal to 100% of the principal amount, plus accrued and unpaid interest thereon to, but excluding, the redemption date.

The bank is a unit of Truist Financial Corp.