First Horizon Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities After June 30, 2023

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MEMPHIS, Tenn., April 25, 2023 /PRNewswire/ — First Horizon Corporation (NYSE: FHN or “First Horizon”) today announced that, after June 30, 2023, US dollar LIBOR will be replaced with CME Term SOFR as the reference rate used in certain outstanding securities issued by FHN or its…

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