Regions Financial Corporation’s $650 Million Debt Tender Offer

August 19, 2016

Cleary Gottlieb represented the dealer managers, led by Deutsche Bank Securities, in a cash tender offer by Regions Financial Corporation to purchase any and all of its outstanding 2.00 percent notes due 2018.

The tender offer launched on August 11, expired on August 18 and settled on August 19, 2016. Approximately $650 million of the $750 million aggregate principal amount outstanding notes were tendered and accepted.

Regions Financial Corporation, with $126 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services.