SYF · News · 20260806N
Long-term Debt Issuance
Synchrony Financial · 2026-08-06 · Importance 40 · Surprise 42
Synchrony Financial completed fixed-to-floating rate debt offerings totaling US$1.10 billion in early August 2026. The offerings affect the company’s funding mix by adding floating-rate exposure after the fixed-rate period. Third-party reporting characterized the transactions as reinforcing Synchrony’s funding strategy and financial flexibility.
Key facts
- Synchrony Financial Depositary Shares represent a 1/40th interest in a share of 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A. source