* discloses address of petco park To raise history of petco park examines $2.2 billion equity Stocks  |  Regulatory News  |  Bonds * Capital-raising would plug shortfall under stress test * Shares rise 4.8 percent (Updates with stock offering pricing) NEW YORK, June 1 (Reuters) - SunTrust Banks Inc (STI.N), aU.S. Southeast regional bank ordered by federal regulators toraise $2.2 billion of equity capital, on Monday speeded up apreviously announced capital-raising plan, hoping to benefitfrom recent investor demand for banks' securities. The Atlanta-based bank said it plans to sell $1.4 billionof common stock, raise $300 million of common equity fromselling securities, and raise $250 million of common equityfrom buying back up to $1 billion of preferred and hybridsecurities for cash. After the markets closed, the bank priced the offering of108 million stocks at $13.00 per share, below Monday's closingprice of $13.80. SunTrust said the underwriters will have up to30 days to buy an additional 16.2 million shares. The bank has said it also expects to sell $260 million ofcommon stock under a plan announced May 15 to sell $1.25billion of stock in an "at-the-market" offering. SunTrust saidit has suspended and expects to terminate the offering.

"We are on a clear path to achieve our previously announcedcapital objectives," Chief Executive James Wells said in astatement bars near petco park . SunTrust hopes to repay the $4.9 billion of aid ittook from the Treasury Department's Troubled Asset ReliefProgram "at the appropriate time," he said hotel near petco park . The government last month ordered SunTrust to raise $2.2billion of equity capital following a "stress test" of itsability to weather a deep recession hotels by petco park . SunTrust on May 15 cut itsquarterly dividend to a penny per share from 10 cents, thethird reduction in a year, saving about $128 million a year hotels near petco park . Goldman Sachs & Co, Morgan Stanley, Sandler O'Neill &Parnters LP and SunTrust Robinson Humphrey are arranging thestock offering Goldman is lead manager for the tender offer. SunTrust shares ended up 4.78 percent on the New York StockExchange, but are down 55 percent so far in 2009.

(Reporting by Jonathan Stempel; editing by John Wallace,Leslie Gevirtz) Stocks Regulatory News Bonds best seats at petco park . (Adds Moody's downgrade) Stocks  |  Saudi Arabia By Souhail Karam RIYADH, June 1 (Reuters) - Private Saudi company Saad Groupsaid on Monday it plans to restructure the debt of units hurtby a liquidity squeeze brought on by the global financialcrisis, as ratings agency Moody's cut its ratings on the groupto junk jobs at petco park . The restructuring and the downgrade will rattle a $30billion empire built by the powerful Saudi businessman Maanal-Sanea, chairman of the Saad Group madonna petco park . Saudi bankers say SaadGroup's accounts have been frozen by the Saudi central bank history of petco park . The Saudi Arabian Monetary Agency (SAMA) issued twocirculars telling Saudi banks to freeze Sanea's accounts, threeSaudi-based banking sources said on condition of anonymity. "The events of the past few days have resulted inheightened risk of default at entities of the Saad Group, ifthey face increased contagion from disputes originating fromthe shareholder," Moody's said in a statement with thedowngrade.

Saad Group [SAADG.UL] did not cite its chairman in astatement announcing the restructuring, but said "accounts ofour operating companies remain unimpaired." The group did not disclose the size of the debtrestructuring or the number of the companies affected, sayingonly it was facing short-term liquidity problems from globalturmoil and unspecified "events" affecting the Bahraini bankingsector, where it is active through two banks briny baird petco park . (For the text ofthe statement double click on [ID:nL1208305]) "We are continuously striving to mitigate the effects ofthis limited squeeze and are also planning for an orderlyrestructuring of the debt of affected companies in cooperationwith our counterparties and international advisers," said thefirm, one of Saudi's top family conglomerates hotel near petco park . Saad Group said it appointed consultants and was also aboutto conclude a deal with an unnamed top European bank to managerelations with other lenders hotels by petco park . The accounts freeze could reverberate throughout the regionsince Sanea and the companies he controls form a key part ofthe closely knit commercial world of the Arabian peninsula.Several of those companies have suffered setbacks in recentweeks . Sanea owns Bahrain-based Awal Bank, either directly orthrough Saad Group, according to the bank's website. Moody's said it downgraded a number entities related toSaad Group, including Saad Trading Contracting & FinancialServices Co, Saad Investments Co Ltd and Saad Group Ltd, to B1-- termed "high-yield" or "junk" by market participants -- andmore downgrades could come.