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Published on 12/11/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

PNC will redeem 2.5% senior bank notes due 2021 on Dec. 23

By Cady Vishniac

Detroit, Dec. 11 – PNC Financial Services Group, Inc. announced it will redeem all of the $900 million outstanding 2.5% senior bank notes due Jan. 22, 2021 issued by PNC Bank, NA, according to a press release.

The redemption is scheduled for Dec. 23. The price will be par plus interest.

PNC Financial Services Group is a financial services company based in Pittsburgh.


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