U.S. Bank Announces Redemption of Senior Notes
April 12 2019 - 9:00AM
Business Wire
U.S. Bank National Association, a subsidiary of U.S. Bancorp,
today announced the redemption on April 24, 2019, of all its
outstanding Floating Rate Senior Notes due May 24, 2019 (CUSIP No.
90331HNE9). 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 April 24, 2019.
Payment of the redemption price for each of the Senior Notes
will be made through the facilities of The Depository Trust
Company.
Minneapolis-based U.S. Bancorp (NYSE: USB), with 74,000
employees and $467 billion in assets as of December 31, 2018, is
the parent company of U.S. Bank National Association, the
fifth-largest commercial bank in the United States. The
Minneapolis-based bank blends its relationship teams, branches and
ATM network with mobile and online tools that allow customers to
bank how, when and where they prefer. U.S. Bank is committed to
serving its millions of retail, business, wealth management,
payment, commercial and corporate, and investment services
customers across the country and around the world as a trusted
financial partner, a commitment recognized by the Ethisphere
Institute naming the bank a 2019 World’s Most Ethical Company.
Visit U.S. Bank at www.usbank.com or follow on social media to stay
up to date with company news.
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version on businesswire.com: https://www.businesswire.com/news/home/20190412005034/en/
Jennifer Thompson, U.S. Bank Investor Relations – 612.303.0778;
jen.thompson@usbank.com
Rebekah Fawcett, U.S. Bank Corporate Communications –
612.303.9986; rebekah.fawcett@usbank.com
Twitter @usbank_news
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