Synovus Announces Plans to Redeem $967.87M of TARP Preferred Stock
July 18, 2013 at 16:04 PM EDT
Synovus Financial Corp. (NYSE: SNV ) today announced its intention to redeem all 967,870 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series A, issued to the U.S. Treasury through the Capital Purchase Program established under the Troubled Asset Relief Program (“TARP”), for an aggregate purchase price of