PNC Financial to price three-year senior notes via Morgan Stanley

By Devika Patel

Knoxville, Tenn., Aug. 30 – PNC Financial Services Group, Inc. plans an offering of senior notes due September 2021, according to a 424B5 filed with the Securities and Exchange Commission.

The notes are non-callable until 30 days prior to maturity and then are callable at par.

Morgan Stanley & Co. LLC is the bookrunner. The co-manager is PNC Capital Markets LLC.

Proceeds will be used for general corporate purposes, including debt repayment.

PNC is a Pittsburgh-based financial services company.

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