First Horizon Announces Completion of $500 Million Senior Notes Sale

MEMPHIS, Tenn., Oct. 30, 2015 (GLOBE NEWSWIRE) -- First Horizon National Corporation (NYSE:FHN) has completed its sale of $500 million aggregate principal amount of 3.50% Senior Notes due 2020.

First Horizon intends to use the net proceeds of this sale, along with other cash on hand, to retire its outstanding 5.375% Senior Notes, which are due December 15, 2015.

Morgan Stanley & Co. LLC, Barclays Capital Inc., Goldman, Sachs & Co., and FTN Financial Securities Corp. acted as joint book-running managers for the Senior Notes offering.

The offering and sale were made under First Horizon's shelf registration statement filed with the Securities and Exchange Commission. This press release is neither an offer to sell nor a solicitation of an offer to buy Senior Notes. The offering of these securities was made only by means of a Prospectus and a related Prospectus Supplement.

About First Horizon

The 4,200 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through more than 170 First Tennessee Bank locations in and around Tennessee and 26 FTN Financial offices in the U.S. The company was founded during the Civil War in 1864 and has the 14th oldest national bank charter in the country. First Tennessee has the number one deposit market share in Tennessee and one of the highest customer retention rates of any bank in the country. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional customers in the U.S. and abroad. First Horizon has been recognized as one of the nation's best employers by Forbes, Working Mother and American Banker magazines. More information is available at


CONTACT: First Horizon Media Relations, Kim Cherry, (901) 523-4380 First Horizon Investor Relations, Aarti Bowman, (901) 523-4017

Source:First Horizon National Corporation