0001193125-26-171954
SEC filingTruist Financial Corporation issued and sold $2 billion aggregate principal amount of senior fixed-to-floating rate medium-term notes due 2032 and 2037 under its existing registration statement.
Truist Financial Corporation completed the issuance and sale of $1 billion each of two series of senior notes on April 23, 2026, expanding its long-term debt profile with maturities in 2032 and 2037. The 2032 Notes carry a 4.680% rate and the 2037 Notes a 5.281% rate, both structured as fixed-to-floating rate instruments under the Company's existing medium-term note program governed by the 1996 Indenture and its supplements. This financing was executed through a Syndicated Terms Agreement dated April 20, 2026, with underwriters including Truist Securities, BofA Securities, Citigroup Global Markets, and J.P. Morgan Securities, pursuant to the January 19, 2024 Distribution Agreement. The Mayer Brown LLP opinion affirms the notes' due authorization, execution, and enforceability, subject to standard bankruptcy and equity limitations, supporting their incorporation into the S-3 registration statement. For investors, this represents a routine capital markets transaction to manage funding needs, with senior unsecured status and no disclosed covenants or use of proceeds.