First Horizon to redeem all outstanding Series C preferred shares on May 1

Reuters04-01

First Horizon to redeem all outstanding Series C preferred shares on May 1

First Horizon will redeem all outstanding 6.600% fixed-to-floating non-cumulative perpetual preferred stock, Series C on May 1, 2026.
Redemption covers all related Series C depositary shares (FHN PRC), leaving none outstanding.
Redemption price set at USD 25 per depositary share, equivalent to USD 10,000 per preferred share.
Accrued dividends excluded since May 1 is scheduled dividend payment date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Horizon Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604010645PR_NEWS_USPR_____CL23853) on April 01, 2026, and is solely responsible for the information contained therein.

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