PNC to redeem $1.4 billion of notes in two series on Dec. 9

By Rebecca Melvin

Concord, N.H., Nov. 24 – PNC Financial Services Group, Inc. announced it will redeem all of its $650 million outstanding 2.028% senior fixed rate/floating rate notes (Cusip: 69353RFS2) and all of its $750 million outstanding of senior floating-rate notes (Cusip: 69353RFR4) on Dec. 9, according to a company press release.

Both series of notes mature on Dec. 9, 2022.

The redemption price will be par plus accrued interest to the redemption date.

The financial services company based in Pittsburgh.

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