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PNC Financial 5.375% series Q preferreds admitted to trading on NYSE
By Ashley Montgomery
Kansas City, Kan., Sept. 26 - PNC Financial Services Group Inc.'s depositary shares representing its 5.375% series Q noncumulative perpetual preferred stock were admitted to trading on the New York Stock Exchange, according to a notice from the exchange.
The shares trade under the symbol "PNC PR Q."
As previously reported, the company priced $450 million of the preferreds on Sept. 14. The securities were issued in the form of $25 depositary shares representing 1/4,000th of an interest in a preferred.
PNC is a Pittsburgh-based financial services firm.
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