Synovus Financial Corp. 6.168% 01-NOV-2030Synovus Financial Corp. 6.168% 01-NOV-2030Synovus Financial Corp. 6.168% 01-NOV-2030

Synovus Financial Corp. 6.168% 01-NOV-2030

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.17% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
6.14%
Maturity date
Nov 1, 2030
Term to maturity
5 years

About Synovus Financial Corp. 6.168% 01-NOV-2030


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Nov 1, 2024
FIGI
BBG01QK3YPS9
Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. The company operates through the following segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services (FMS). The Community Banking business segment serves customers using a relationship-based approach through its branch, ATM, commercial, and private wealth network in addition to mobile, Internet, and telephone banking. The Wholesale Banking business segment serves primarily larger corporate customers by providing commercial lending and deposit services through specialty teams including middle market, CRE, senior housing, national accounts, premium finance, structured lending, healthcare, asset-based lending, and community investment capital. The Consumer Banking business segment serves individual and small business clients through its branch and ATM network, in addition to digital and telephone channels. The Financial Management Services (FMS) business segment serves its customers by providing mortgage and trust services and specializing in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer, asset management, financial planning, and family office services, as well as the provision of individual investment advice on equity and other securities. It offers private banking, treasury management, wealth management, premium finance and international banking, commercial and retail banking, financial management, insurance, and mortgage services to its customers. The company was founded in 1972 and is headquartered in Columbus, GA.
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