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Published on 6/12/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

U.S. Bank calls 3.05% notes, floaters due 2020 at par

By Rebecca Melvin

New York, June 12 – U.S. Bank NA said it will redeem on June 24 all of its outstanding 3.05% senior notes due July 24, 2020 (Cusip: 90331HNU3) and floating-rate senior notes due July 24, 2020 (Cusip: 90331HNW9).

The redemption price for each series will be par plus accrued interest to but excluding the redemption date.

The bank is based in Minneapolis.


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