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Stock impact report

Regions Bank Announces Results of Tender Offer for 2.750% Senior Bank Notes due 2021 and Senior Floating Rate Bank Notes due 2021

Regions Financial Corporation (RF) 
Last regions financial corporation earnings: 4/17 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.regions.com
Company Research Source: Business Wire
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank (the “Bank”) today announced that, as of 5:00 p.m., New York City time, on May 20, 2020 (the “Expiration Time”), it had received tenders for an aggregate principal amount of $361,081,000 of the $550,000,000 total outstanding aggregate principal amount of its 2.750% Senior Bank Notes due April 2021 (the “Fixed Rate Notes”) and $284,375,000 of the $350,000,000 total outstanding aggregate principal amount of its Senior Floating Rate Bank Notes due April 2021 (the “Floating Rate Notes” and, together with the Fixed Rate Notes, the “Notes”) in the cash tender offer announced on May 14, 2020, which was made pursuant to the Offer to Purchase and the related Letter of Transmittal and Notice of Guaranteed Delivery sent to holders of the Notes, each dated May 14, 2020 (the “Tender Offer Documents”). An additional $232,000 aggregate principal amount of the Fixed Rate Notes were tendered pursuant to the guaranteed delivery procedures described in Show less Read more
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