Truist Securities is named among the underwriters for the note sale and takes on purchase duties subject to conditions. The filing gives no fee or expected profit, so it does not show a change in Truist's outlook.
This gives Truist a place in a customer financing deal, but the filing does not say what the firm may earn. The purchase is subject to conditions, and World Omni and the depositor promise protection against some legal claims. Those duties keep the filing from showing a clear change in Truist's outlook.
Wells Fargo Securities is named among the underwriters for the note sale and takes on purchase duties subject to conditions. The filing gives no fee or expected profit, so it does not show a change in Wells Fargo's outlook.
Follow Truist Securities, Inc. (TFC) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for TFC