PITTSBURGH, Feb. 28, 2020 /PRNewswire/ -- The PNC
Financial Services Group, Inc. (NYSE: PNC) today announced the
redemption on March 12, 2020 of all
of the outstanding Senior Floating Rate Notes due March 12, 2021 issued by PNC Bank, National
Association in the amount of $1,100,000,000 (CUSIP 69353RFM5). The securities
have an original scheduled maturity date of March 12, 2021. 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 March 12, 2020.
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 PNC Financial Services Group