SunTrust Banks Inc. said Monday that it has scrapped its original plan to sell stock in small blocks in favor of a larger — and presumably quicker — route to raising capital.

The Atlanta banking company abandoned its at-the-market offering after raising roughly one-fifth of a targeted $1.25 billion. In its place, the $179.1 billion-asset company said it will make a $1.4 billion common stock offering.

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