PITTSBURGH, July 9, 2021 /PRNewswire/ -- The PNC
Financial Services Group, Inc. (NYSE: PNC) today announced the
redemption on July 22, 2021, of the
following Senior Notes issued by PNC Bank, National
Association:
- All outstanding Senior Fixed Rate/Floating Rate Notes due
July 22, 2022, in the amount of
$600,000,000 (CUSIP 69353RFP8). The
securities have a distribution rate of 2.232% and an original
scheduled maturity date of July 22,
2022. The redemption price will be equal to $1,000 per $1,000
in principal amount, plus any accrued and unpaid distributions to
the redemption date of July 22,
2021.
- All outstanding Senior Floating Rate Notes due July 22, 2022, in the amount of $900,000,000 (CUSIP 69353RFQ6). The securities
have an original scheduled maturity date of July 22, 2022. The redemption price will be equal
to $1,000 per $1,000 in principal amount, plus any accrued and
unpaid interest to the redemption date of July 22, 2021.
Payment of the redemption price will be made through the
facilities of The Depository Trust Company.
The PNC Financial Services Group, Inc. is one of the largest
diversified financial services institutions in the United States, organized around its
customers and communities for strong relationships and local
delivery of retail and business banking including a full range of
lending products; specialized services for corporations and
government entities, including corporate banking, real estate
finance and asset-based lending; wealth management and asset
management. For information about PNC, visit www.pnc.com.
CONTACTS:
MEDIA:
Marcey Zwiebel
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan
Gill
(412) 768-4143
investor.relations@pnc.com
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SOURCE The PNC Financial Services Group, Inc.