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Published on 9/7/2017 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

PNC to redeem $500 million of 1.5% senior notes due 2017 at par

By Wendy Van Sickle

Columbus, Ohio, Sept. 7 – PNC Financial Services Group, Inc. announced the planned early redemption of the $500 million outstanding 1.5% senior bank notes due Oct. 18, 2017 issued by PNC Bank, NA.

The redemption price will be par plus accrued distributions to the redemption date of Sept. 18.

PNC is a Pittsburgh-based financial services company.


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