# Synchrony Financial (SYF-PB) — litigation/settled [announced]
Source: SEC API (secapi.ai) · situation sit_aaaf531d089008db396d · retrieved 2026-08-11T15:54:02.536Z

## Overview
Synchrony Financial is a Delaware corporation that operates as a savings and loan holding company with a federally chartered savings association subsidiary (Synchrony Bank) regulated by the Office of the Comptroller of the Currency.

Synchrony Financial entered into an underwriting agreement on July 28, 2026 with J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC to issue and sell $600,000,000 aggregate principal amount of 5.450% Fixed-to-Floating Rate Senior Notes due October 15, 2030 and $500,000,000 aggregate principal amount of 6.276% Fixed-to-Floating Rate Senior Notes due July 31, 2037, for a total of $1,100,000,000 in aggregate principal amount. The Notes were issued in a public offering pursuant to the Company's Form S-3 registration statement. Settlement occurred on July 31, 2026.

## Terms
- Counterparty: J.P. Morgan Securities LLC, TD Securities (USA) LLC, Wells Fargo Securities, LLC · Deal value: $1.10B · Consideration: cash

## Key dates
- Announced 2026-07-31

## Timeline
- 2026-07-31 · 8-K (0001193125-26-328719): 8-K - Synchrony Financial — *Synchrony Financial is a Delaware corporation that operates as a savings and loan holding company with a federally chartered savings association subsidiary (Synchrony Bank) regulated by the Office of the Comptroller of the Currency.* Synchrony Financial entered into an underwriting agreement on July 28, 2026 with J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC to issue and sell $600,000,000 aggregate principal amount of 5.450% Fixed-to-Floating Rate Senior Notes due October 15, 2030 and $500,000,000 aggregate principal amount of 6.276% Fixed-to-Floating Rate Senior Notes due July 31, 2037, for a total of $1,100,000,000 in aggregate principal amount. The Notes were issued in a public offering pursuant to the Company's Form S-3 registration statement. Settlement occurred on July 31, 2026.
  https://www.sec.gov/Archives/edgar/data/1601712/0001193125-26-328719.txt

## Citations
- 0001193125-26-328719 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526328719