Brief: Truist Financial To Sell $7.7 Bln Loans Representing All LightStream Assets To Carlyle Group
BRIEF-Truist Financial To Sell $7.7 Bln Loans Representing All LightStream Assets To Carlyle Group 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
Source text: [ID:]
Further company coverage: TFC.N
((Reuters.Briefs@thomsonreuters.com))
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