Seeking Alpha

Synovus (SNV) looks to pay back the Treasury, announcing plans to redeem all of its $968M in...

Synovus (SNV) looks to pay back the Treasury, announcing plans to redeem all of its $968M in TARP preferred stock. Internally available funds plus a secondary offering of $185M in common stock will fund the redemption. Shares +1.3% AH. (PR)
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