Truist raises $2B through dual senior note offering with fixed-to-floating rates

Filed April 23, 2026 · Period ending April 23, 2026 · ~1 min read

Key Changes

• medium

  Issued $1 billion in 6-year notes due 2032 at 4.680% fixed rate, converting to floating rate later. Strengthens capital position with medium-term funding.

  Item 8.01 verify on EDGAR →
• medium

  Issued $1 billion in 11-year notes due 2037 at 5.281% fixed rate, also converting to floating. Longer maturity commands higher rate, extending debt profile.

  Item 8.01 verify on EDGAR →
• low

  Both note series are senior unsecured obligations under existing shelf registration. Fixed-to-floating structure provides rate protection initially, then adjusts with market.

  8-K: Debt Offering verify on EDGAR →