U.S. Bank Announces Redemption of Senior Notes and Certificate of Deposit
August 01 2017 - 9:00AM
Business Wire
U.S. Bank National Association (“U.S. Bank”) today announced the
redemption on August 11, 2017, of all of its outstanding (i)
Floating Rate Senior Notes due September 11, 2017 (CUSIP No.
90331HMJ9) and (ii) 1.375% Senior Notes due September 11, 2017
(CUSIP No. 90331HMH3). The redemption price for each of the Senior
Notes will be equal to $1,000 per $1,000 original principal amount,
plus any accrued and unpaid interest to, but excluding, the
redemption date of August 11, 2017.
U.S. Bank today also announced the redemption on August 11,
2017, of all of the outstanding principal amount of its 1.375%
Certificate of Deposit due September 11, 2017 (CUSIP No.
90333VPF1). The redemption price will be equal to $1,000 per $1,000
notional amount, plus any accrued and unpaid interest to, but
excluding, the redemption date of August 11, 2017.
Payment of the redemption price for each of the Senior Notes and
the Certificate of Deposit will be made through the facilities of
The Depository Trust Company.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $464 billion in
assets as of June 30, 2017, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,088 banking offices in 25
states and 4,826 ATMs, and provides a comprehensive line of
banking, investment, mortgage, trust and payment services products
to consumers, businesses and institutions. Visit U.S. Bancorp on
the web at www.usbank.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170801005123/en/
U.S. Bank Investor RelationsJennifer Thompson,
612-303-0778jen.thompson@usbank.comorU.S. Bank Corporate
CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.comTwitter @usbank_news
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