debt
confidence high
sentiment neutral
materiality 0.55
Synchrony Financial issues $1.1B in senior notes: $600M 5.45% due 2030, $500M 6.276% due 2037
Synchrony Financial
- Total $1.1B offering: $600M 5.45% Fixed-to-Floating Rate Senior Notes due 2030 and $500M 6.276% Fixed-to-Floating Rate Senior Notes due 2037.
- Underwriters include J.P. Morgan, TD Securities, and Wells Fargo as representatives.
- Notes are senior unsecured, issued under indenture with Bank of New York Mellon as trustee.
- Offering made under existing shelf registration statement (S-3) filed with the SEC.