U.S. Bancorp Announces Redemption of Medium-Term Notes
October 05 2018 - 9:00AM
Business Wire
U.S. Bancorp today announced the redemption on October 15, 2018,
of all of its outstanding (i) 1.95% Medium-Term Notes, Series T
(Senior), due November 15, 2018 (CUSIP No. 91159HHE3) and (ii)
Floating Rate Medium-Term Notes, Series T (Senior), due November
15, 2018 (CUSIP No. 91159HHF0). The redemption price for each of
the Medium-Term 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 October 15, 2018.
Payment of the redemption price will be made through the
facilities of The Depository Trust Company.
About U.S. BankU.S. Bancorp, with 74,000 employees and
$461 billion in assets as of June 30, 2018, is the parent company
of U.S. Bank, 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 2018 World’s Most Ethical
Company. Visit U.S. Bank at 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/20181005005056/en/
U.S. Bank Investor RelationsJennifer Thompson,
612-303-0778jen.thompson@usbank.comorU.S. Bank Financial
CommunicationsStacey Wempen,
612-303-7620stacey.wempen@usbank.comTwitter @usbank_news
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