First Horizon Corporation 5.514% 07-MAR-2031First Horizon Corporation 5.514% 07-MAR-2031First Horizon Corporation 5.514% 07-MAR-2031

First Horizon Corporation 5.514% 07-MAR-2031

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.51% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
5.48%
Maturity date
Mar 7, 2031
Term to maturity
5 years

About First Horizon Corporation 5.514% 07-MAR-2031


Sector
Finance
Industry
Regional Banks
Issue date
Mar 7, 2025
FIGI
BBG01SNF26Q4
First Horizon Corp. (Tennessee) operates as a financial holding company, which engages in the provision of checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through three segments: Regional Banking, Specialty Banking, and Corporate. The Regional Banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers. The Specialty Banking segment consists of lines of business that deliver product offerings and services with specialized industry knowledge. The Corporate segment focuses on corporate support functions such as risk management, audit, accounting, finance, executive office, and corporate communications. The company was founded by Frank S. Davis in 1864 and is headquartered in Memphis, TN.
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