First Republic Bank announced that it has given notice of its intention to redeem in full the $500 million outstanding principal amount of its 2.500% Senior Notes due 2022 on May 6, 2022. The Notes will be redeemed at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes and any accrued and unpaid interest to, but excluding, May 6, 2022. First Republic Bank has instructed The Bank of New York Mellon Trust Company, N.A., the fiscal and paying agent for the Notes, to distribute a notice of redemption to all holders of the Notes.
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- First Republic Bank Intends to Redeem in Full $500 Million Outstanding Principal Amount of its 2.500% Senior Notes Due 2022