The PNC Financial Services Group, Inc. has announced the redemption of its 5.812% Fixed Rate/Floating Rate Senior Notes, initially scheduled to mature on June 12, 2026. The company will redeem all outstanding notes on June 12, 2025, amounting to $1 billion. The redemption price will equal 100% of the principal amount, in addition to any accrued and unpaid interest up to the redemption date. Payments will be processed through the Depository Trust Company, and interest on these notes will cease accruing from the redemption date.
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 PR Newswire (Ref. ID: NE03028) on June 04, 2025, and is solely responsible for the information contained therein.
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