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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 7/9/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

PNC Financial will early redeem $1.5 billion of notes due 2022 at par

Chicago, July 9 – PNC Financial Services Group, Inc. announced the early redemption of two series of notes in a press release on Friday.

The bank will redeem all $600 million outstanding 2.232% fixed-to-floating-rate notes due July 22, 2022 (Cusip: 69353RFP8) at par plus interest to the redemption date and all $900 million outstanding senior floating-rate notes due July 22, 2022 (Cusip: 69353RFQ6) at par plus interest to the redemption date.

The notes will be redeemed on July 22.

PNC is a financial services company based in Pittsburgh.


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