Truist Financial To Sell $7.7 Bln Loans Representing All LightStream Assets To Carlyle Group

By Reuters News

Oct 16 (Reuters) - Truist Financial Corporation TFC.N:

  • TRUIST FINANCIAL CORPORATION: OUTLOOK Q4 ADJUSTED REVENUE-TE ABOUT $5.35 BILLION - PRESENTATION

  • TRUIST FINANCIAL CORP - OUTLOOK Q4 NET CHARGE-OFF RATIO ABOUT 0.45% - PRESENTATION

  • TRUIST FINANCIAL CORP - EXPECT 4Q26 NET INTEREST INCOME OF $3.65 BILLION TO $3.7 BILLION

  • TRUIST FINANCIAL CORPORATION: OUTLOOK Q4 NONINTEREST EXPENSE UP ABOUT 2.5%

  • TRUIST FINANCIAL CORP - OUTLOOK Q4 SHARE REPURCHASES ABOUT $1 BILLION

  • TRUIST FINANCIAL CORP - ON TRACK TO ACHIEVE ROTCE TARGETS

  • TRUIST FINANCIAL CORPORATION: SIGNED DEAL TO SELL $7.7 BILLION OF LOANS REPRESENTING SUBSTANTIALLY ALL ASSETS OF LIGHTSTREAM, TO CARLYLE GROUP

  • TRUIST FINANCIAL CORPORATION: LIGHTSTREAM SALE TO GENERATE $7.2 BILLION OF NET PROCEEDS

  • TRUIST FINANCIAL CORPORATION: WILL EVALUATE POTENTIAL AFS SECURITIES REPOSITIONING TO OFFSET CAPITAL CREATED FROM LIGHTSTREAM SALE

  • TRUIST FINANCIAL CORP - SIGNED AGREEMENT TO SELL LIGHTSTREAM, BROADER STRATEGIC REVIEW ONGOING

  • TRUIST FINANCIAL CORPORATION: LIGHTSTREAM SALE TO CREATE ABOUT $850 MILLION OR 20 BPS OF CET1 CAPITAL

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Further company coverage: TFC.N

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