Regions Financial Corporation 5.502% 06-SEP-2035Regions Financial Corporation 5.502% 06-SEP-2035Regions Financial Corporation 5.502% 06-SEP-2035

Regions Financial Corporation 5.502% 06-SEP-2035

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Key terms


Outstanding amount
‪1.00 B‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.50% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
5.82%
Maturity date
Sep 6, 2035
Term to maturity
10 years

About Regions Financial Corporation 5.502% 06-SEP-2035


Sector
Finance
Industry
Major Banks
Home page
Issue date
Sep 6, 2024
FIGI
BBG01PKM0GM2
Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other financing. The firm operates through the following segments: Corporate Bank, Consumer Bank, Wealth Management, and Other. The Corporate Bank segment represents the commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment holds the branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans. The Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to help protect, grow and transfer wealth. The Other segment includes the company's treasury function, the securities portfolio, wholesale funding activities, interest rate risk management activities and other corporate functions that are not related to a strategic business unit. The company was founded in 1971 and is headquartered in Birmingham, AL.
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