Regions Financial Corporation’s $1 Billion Offering

Cleary Gottlieb represented a syndicate led by Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., UBS Securities LLC, and Regions Securities LLC, as underwriters, in a $1 billion SEC-registered offering of 5.502% fixed-rate/floating-rate senior notes due 2035, issued by Regions Financial Corporation.

The offering priced on September 3, 2024, and will settle on September 6, 2024.

Regions Financial Corporation is a full-service provider of consumer and commercial banking, wealth management, and mortgage products and services. It is a member of the S&P 500 Index and has over $154 billion in assets. Regions Financial Corporation and Regions Bank operate across the South, Midwest, and Texas.