PITTSBURGH, May 29, 2020 /PRNewswire/ -- The PNC
Financial Services Group, Inc. (NYSE: PNC) today announced the
redemption on June 10, 2020 of all of
the outstanding Senior Floating Rate Notes due June 10, 2021 issued by PNC Bank, National
Association in the amount of $800,000,000 (CUSIP 69353RFN3). The securities
have an original scheduled maturity date of June 10, 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 June 10, 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