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Published on 11/19/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Fifth Third to redeem $300 million floaters due 2022 30 days early

By William Gullotti

Buffalo, N.Y., Nov. 19 – Fifth Third Bancorp announced that subsidiary Fifth Third Bank, NA submitted a redemption notice for its $300 million floating-rate senior notes due Feb. 1, 2022 (Cusip: 31677QBQ1), according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par, plus interest, on Jan. 3.

Fifth Third is a Cincinnati-based diversified financial services company.


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