Fifth Third calls floaters due 2021, 2.25% notes due 2021 at par

By Marisa Wong

Los Angeles, March 19 – Fifth Third Bancorp said it issued a redemption notice for all of its outstanding $250 million floating-rate senior notes due June 4, 2021 (Cusip: 316773CW8).

The floating-rate notes will be redeemed on May 5 at par plus accrued interest to the redemption date.

In addition, subsidiary Fifth Third Bank, NA will redeem all of its $1.25 billion 2.25% senior notes due June 14, 2021 (Cusip: 31677QBG3).

The fixed-rate notes will be redeemed on May 15 at par plus accrued interest to, but excluding, the redemption date.

Fifth Third is a financial services company based in Cincinnati.

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