Amsouth Bancorporation, founded in 1990 and headquartered in Birmingham, Alabama, operates as a financial institution focused on providing a variety of banking services aimed at enhancing the financial well-being of its customers. The company offers a range of products including personal and commercial banking solutions, investment services, and wealth management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RF 6.75% 2025-11-01 USDAmsouth Bancorporation | United States | 2025-11-01 | 6.750 | 4.30 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Amsouth Bancorporation began issuing bonds in the early 2000s, with notable issuances such as their 2005 $250 million bond offering, which was used to fund expansion initiatives. Currently, Amsouth's bonds yield around 5.20%, which is competitive within the industry. The company has a reputation for maintaining strong credit ratings, and its bonds often feature attractive call provisions, providing investors with added flexibility. Recent news highlights Amsouth's commitment to sustainability, with plans to issue green bonds to support environmentally friendly projects.