PNC to redeem $750 million of 1.3% notes due 2016 at par on Sept. 6

By Susanna Moon

Chicago, Aug. 4 – PNC Financial Services Group, Inc. announced the redemption of the $750 million 1.3% senior notes due Oct. 3, 2016 issued by PNC Bank, NA.

The company will pay par plus accrued distributions to the redemption date of Sept. 6, according to a notice.

Payment will be made through the facilities of the Depository Trust Co.

PNC is a financial services company based in Pittsburgh.

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