FWP



Net Proceeds (Before Expenses) to Issuer		$ 748,230,000 (99.764%)

Use of Proceeds		General corporate purposes, which may include the acquisition of other companies, repurchasing outstanding shares of the issuer’s common stock, repayment of maturing obligations and refinancing of outstanding indebtedness and extending credit to, or funding investments in, the issuer’s subsidiaries.

Denominations		$2,000 x $1,000

CUSIP / ISIN		89788MAA0 / US89788MAA09

Joint Book-Running Managers		SunTrust Robinson Humphrey, Inc. Citigroup Global Markets Inc. RBC Capital Markets, LLC

Co-Managers		Drexel Hamilton, LLC Samuel A. Ramirez & Company, Inc.

* Note: A securities rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating may be subject to revision or withdrawal at any time by the assigning rating organization.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling SunTrust Robinson Humphrey, Inc. toll-free at (800) 685-4786, Citigroup Global Markets Inc. toll-free at (800) 831-9146 and RBC Capital Markets, LLC toll-free at (866) 375-6829.

Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.


Issuer		Truist Financial Corporation

Security		1.200% Senior Notes due August 5, 2025

Expected Ratings*		A3/Stable (Moody’s) / A-/Stable (S&P) / A+/Negative (Fitch) / AH/Stable (DBRS)

Currency		USD

Size		$750,000,000

Security Type		SEC Registered Medium-Term Notes, Series G (Senior)

Trade Date		June 2, 2020

Settlement Date		June 5, 2020 (T+3)

Maturity		August 5, 2025

Coupon		1.200%

Payment Frequency		Semi-Annually

Interest Payment Dates		February 5 and August 5 of each year, commencing February 5, 2021 (long first interest period)

Day Count Convention		30/360

Redemption Date		July 3, 2025 (1 month prior to Maturity)

Redemption Terms		Redeemable in whole or in part on or after the Redemption Date at 100% of the principal amount of the notes (par), plus accrued and unpaid interest thereon to, but excluding, the date of redemption. The issuer shall provide 10 to 60 calendar days’ notice of redemption to the registered holder of the notes.

Benchmark Treasury		0.250% US Treasury due May 31, 2025

Benchmark Treasury Spot and Yield		99-20 ³⁄₄; 0.321%

Spread to Benchmark Treasury		+90 bps

Yield to Maturity		1.221%

Price to Public		99.894% of face amount