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Regions Financial Corporation 6.375% Fixed-to-Floating Non-Cumulative Preferred Stock Series B

Coupon is fixed at 6.375% until 9/15/2024 after which the coupon will float at a rate of 3 month Libor plus a spread of 3.536%

May only be redeemed on a dividend payment date

Redeemed 09/16/2024

Ticker: RF-B

Parent Ticker: RF

OTC Grey Market Temporary Ticker: NA

Issuance Date: 04/24/2014

1st Call Date: 09/15/2024

Maturity Date: None

Shares Issued: 20,000,000

Overallotment Shares: 0

Coupon: 6.375%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.398

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: BB

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Ba2

Fitch Rating: NR

Egan-Jones Rating: NR