SunTrust Banks Inc. said Monday that it is reducing by 25% a tender offer to buy certain securities.

The $179.1 billion-asset Atlanta company said in a regulatory filing that it will now buy up to $750 million of preferred and hybrid stock rather than the $1 billion specified on June 1. The offer is part of a broader effort to raise $2.2 billion to satisfy capital requirements after the government's stress testing.

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