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Regions Financial sells $500M notes

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Regions Financial sells $500M notes

Regions Financial Corp. issued and sold $500 million aggregate principal amount of 3.800% senior notes due 2023.

The notes were sold pursuant to an underwriting agreement with RBC Capital Markets LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Regions Securities LLC, as representatives of the several underwriters in the offering.

Regions Financial received about $498.2 million in proceeds, before offering expenses, from the sale of the notes.