Truist Financial Corporation, founded in 2019 and headquartered in Charlotte, North Carolina, serves as a leading bank holding company formed through the merger of BB&T and SunTrust Banks. The company aims to enhance the financial well-being of its clients by offering a comprehensive range of financial services, including personal and commercial banking, investment advice, mortgage services, and insurance products.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Truist has actively engaged in the bond market, first beginning to issue bonds shortly after its formation in 2019 to capitalize on growth opportunities. In 2021, the company issued a notable $1.25 billion in senior notes, which were well-received by investors and reflected strong demand, with current yields competitive compared to industry averages. Truist's bonds are often characterized by favorable maturities and are considered investment-grade, contributing to the company's robust capital structure and ongoing strategic initiatives.