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Synovus Financial Corp Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E

Coupon is fixed until 7/1/2024 at which time the coupon will be reset at a rate of the 5 Year Treasury plus a spread of 4.127%. It will again be reset on each 5th anniversary.

Issue is only redeemable on a reset date.

Ticker: SNV-E

Parent Ticker: SNV

OTC Grey Market Temporary Ticker: SYNXP

Issuance Date: 06/24/2019

1st Call Date: 07/01/2024

Maturity Date: None

Shares Issued: 14,000,000

Overallotment Shares: 0

Coupon: 5.875%

Face Value: $25

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.367

Payment Months: JAN, APR, JUL, OCT

Payment Day: 1

S&P Rating: NR

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

Moody Rating: NR

Fitch Rating: NR

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