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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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