The PNC Financial Services Group, Inc. has successfully completed the public offering and sale of $1.25 billion in aggregate principal amount of its 4.899% Fixed Rate/Floating Rate Senior Notes due May 13, 2031. The offering, which was completed on May 13, 2025, was conducted under an Underwriting Agreement dated May 6, 2025, involving PNC Capital Markets LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC. The Notes were issued under an Indenture initially dated September 6, 2012, and subsequently amended on April 23, 2021. This development follows a prospectus supplement filed with the Securities and Exchange Commission on May 7, 2025, as part of the company's Registration Statement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The PNC Financial Services Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000713676-25-000045), on May 13, 2025, and is solely responsible for the information contained therein.
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