U.S. Bancorp Announces Redemption of Medium-Term Notes; U.S. Bank Announces Redemption of Senior Notes
March 15 2019 - 9:00AM
Business Wire
U.S. Bancorp today announced the redemption on March 25, 2019,
of all its outstanding (i) 2.20% Medium-Term Notes, Series V
(Senior), due April 25, 2019 (CUSIP No. 91159HHH6) and (ii)
Floating Rate Medium-Term Notes, Series V (Senior), due April 25,
2019 (CUSIP No. 91159HHJ2). 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 March 25, 2019.
U.S. Bank National Association today announced the redemption on
March 26, 2019, of all its outstanding Floating Rate Senior Notes
due April 26, 2019 (CUSIP No. 90331HMZ3). 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 March 26, 2019.
Payment of the redemption price for the Medium-Term Notes and
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, 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/20190315005011/en/
Jennifer Thompson, U.S. Bancorp Investor Relations612.303.0778;
jen.thompson@usbank.com
Rebekah Fawcett, U.S. Bancorp Corporate
Communications612.303.9986; rebekah.fawcett@usbank.com
Twitter @usbank_news
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