FNB Corp issues $350M of 5.150% Senior Notes due 2025

FNB CORP/PA/

Completed $350M aggregate principal of 5.150% Senior Notes due August 25, 2025.
Notes sold at 99.86% of par; net proceeds ~$348.46M after underwriting discount.
Interest payable semi-annually on Feb 25 and Aug 25, starting Feb 25, 2023.
Proceeds for general corporate purposes including repayment of 2.200% Senior Notes due Feb 2023.
Notes are unsecured and not guaranteed by any subsidiary.

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