Truist Financial Corp | Series H Non-Cumulative Perpetual Preferred Stock (TFC.PRH)
Prospectus excerpt: BB&T Corporation is offering 17,000,000 depositary shares, each representing a 1/1,000th ownership interest in a share of Series H Non-Cumulative Perpetual Preferred Stock, $5.00 par value per share, with a liquidation preference of $25,000 per share (equivalent to $25 per depositary share) (the ÙSeries H Preferred Stockˆ). As a holder of depositary shares, you will be entitled to all proportional rights and preferences of the Series H Preferred Stock (including dividend, voting, redemption and liquidation rights). You must exercise such rights through Computershare Trust Company, N.A. and Computershare Inc., jointly as the depositary for the shares of Series H Preferred Stock.
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Truist Financial is a bank holding company. Through its subsidiaries, Truist Bank, Co. provides a range of banking and trust services. Co. operates and measures business activity across three segments: Consumer Banking and Wealth, which made up of retail and small business banking, consumer finance solutions and wealth; Corporate and Commercial Banking, which is made up of corporate and investment banking, commercial community banking, commercial real estate and wholesale payments; and Insurance Holdings, which is an insurance agency/brokerage networks, providing property and casualty, employee benefits and life insurance to businesses and individuals. Preferreds: BBT.PRD, BBT.PRE, TFC.PRF, TFC.PRG, TFC.PRH, TFC.PRI, TFC.PRO, TFC.PRR Open the TFC Information Page » |
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