Huntington Bancshares Issues $1.25B in Senior Notes

Huntington Bancshares (HBAN) has released an update.

Huntington Bancshares Incorporated issued $1,250,000,000 in 5.709% Fixed-to-Floating Rate Senior Notes due 2035 on February 2, 2024, under an existing Senior Debt Indenture with The Bank of New York Mellon Trust Company, N.A. as Trustee, and underwritten by BofA Securities, Inc., Goldman Sachs & Co. LLC, and others. The Notes’ issuance and related documents were included in a prospectus supplement filed with the U.S. Securities and Exchange Commission and are to be incorporated into the Company’s Registration Statement.

For further insights into HBAN stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.