U.S. Bank Announces Redemption of Senior Notes
June 12 2020 - 9:00AM
Business Wire
U.S. Bank National Association today announced the redemption on
June 24, 2020, of all its outstanding 3.05% Senior Notes due July
24, 2020 (CUSIP No. 90331HNU3) and Floating Rate Senior Notes due
July 24, 2020 (CUSIP No. 90331HNW9). 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 June 24, 2020.
Payment of the redemption price for the Senior Notes will be
made through the facilities of The Depository Trust Company.
About U.S. Bank
U.S. Bancorp, with more than 70,000 employees and $543 billion
in assets as of March 31, 2020, 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 one of the 2020 World’s Most
Ethical Companies. 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/20200612005015/en/
Jeff Shelman, U.S. Bank Public Affairs and Communications
jeffrey.shelman@usbank.com
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