Synovus Announces Subordinated Notes Offering
Staff Report From Columbus CEO
Tuesday, December 1st, 2015
Synovus Financial Corp. today announced an underwritten public offering of subordinated notes due 2025. Synovus intends to use the net proceeds from this offering for general corporate purposes, which may include, but are not limited to, potential strategic acquisitions, share repurchases and repayment of debt at or prior to its maturity.
Sandler O’Neill + Partners, L.P. will serve as the sole manager of the subordinated notes offering.
