debt
confidence high
sentiment neutral
materiality 0.50
PNC issues $1.75B of 5.492% senior notes due 2030
PNC FINANCIAL SERVICES GROUP, INC.
- $1.75B aggregate principal of 5.492% Fixed Rate/Floating Rate Senior Notes due May 14, 2030.
- Notes are senior unsecured obligations; initial fixed rate period before floating conversion.
- Offering completed May 14, 2024 via underwriters Citigroup, Morgan Stanley, and PNC Capital Markets.
- Issued under indenture with Bank of New York Mellon as trustee.