
First Horizon Corporation, founded in 1864 and headquartered in Memphis, Tennessee, serves as a prominent financial institution dedicated to providing a range of banking solutions. The company primarily offers consumer and commercial banking services, mortgage lending, and investment services through its extensive network of branches and ATMs.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
FHN 4.00% 2025-05-26 USDFirst Horizon Corporation | United States | 2025-05-26 | 4.000 | 3.96 |
FHN 5.51% 2031-03-07 USDFirst Horizon Corporation | United States | 2031-03-07 | 5.514 | 4.84 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
First Horizon has a notable history in bond issuance, having begun its bond activities alongside its expansion in the 1990s. Significant milestones include the issuance of $1 billion in medium-term notes in 2019 to support strategic growth initiatives. Currently, First Horizon’s bonds offer competitive yields compared to industry averages, with notable features such as callable options allowing flexibility for the issuer. Recent news highlights their commitment to maintaining a strong capital position following their merger with IBERIABANK, enhancing their bond attractiveness to investors.