debt
confidence high
sentiment neutral
materiality 0.50
PNC completes $2.5B senior notes offering in two tranches
PNC FINANCIAL SERVICES GROUP, INC.
- $1.0B 5.102% Fixed/Floating Rate Senior Notes due July 23, 2027 issued.
- $1.5B 5.401% Fixed/Floating Rate Senior Notes due July 23, 2035 issued.
- Offering closed July 23, 2024; underwriters: PNC Capital Markets, Barclays, BofA Securities.
- Notes issued under Indenture with The Bank of New York Mellon as trustee.