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Huntington will offer to exchange four series of subordinated notes
Chicago, Aug. 9 – Huntington Bancshares Inc. announced an upcoming exchange offer that will be aimed at four series of notes, according to a press release.
The company intends to start an exchange offer for its 4.35% subordinated notes due 2025, its 6.25% subordinated notes due 2022, its 4.6% subordinated notes due 2025 and its 4.27% subordinated notes due 2026 (issued by Huntington National Bank).
The exchange notes will be part of a series of new notes being issued by the bank, a new offering announced on Monday.
The exchange offer will start after the offering of new notes.
Huntington is a Columbus, Ohio-based bank holding company.
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