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Published on 10/29/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

PNC will redeem 2.55% bank notes one month early

Chicago, Oct. 29 – PNC Financial Services Group, Inc. announced the early redemption of all $750 million of the 2.55% senior bank notes due Dec. 9, 2021 (Cusip: 69353REY0) issued by PNC Bank, NA.

According to a notice, the notes will be redeemed at par plus interest to the redemption date, Nov. 9.

Payment will be made through Depository Trust Co.

PNC is a financial services company based in Pittsburgh.


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