Item 7.01 Regulation FD Disclosure.
On February 27, 2020, Regions Financial Corporation ("Regions") announced that
it has entered into a definitive agreement to acquire Ascentium Capital, LLC
("Ascentium"), headquartered in Kingwood, Texas. The transaction is expected to
close during the second quarter of 2020, subject to satisfaction of customary
closing conditions.
The press release announcing the acquisition is furnished as Exhibit 99.1
hereto. Select transaction highlights as well as additional information
regarding our capital targets framework is furnished as Exhibit 99.2 hereto.
The information contained in this Item 7.01 and Exhibits 99.1 and 99.2 is being
furnished and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise
subject to the liabilities under Section 18 of the Exchange Act.
Furthermore, the information contained in this Item 7.01 and Exhibits 99.1 and
99.2 shall not be deemed to be incorporated by reference into the filings of
Regions under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Press Release of February 27, 2020 .
99.2 Select transaction highlights as well as additional information
regarding our capital targets framework .
104 The cover page from this Current Report on Form 8-K, formatted in
Inline XBRL.
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