---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-151083"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:17:08.068589+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp re-designates covered debt under replacement capital covenants effective June 1, 2024

## Summary
- 7.50% Subordinated Debentures due 2026 cease as covered debt under Replacement Capital Covenants.
- 2.491% Fixed Rate Reset Subordinated Notes due 2036 become new covered debt effective June 1, 2024.
- Replacement Capital Covenants relate to USB Capital IX trust preferred, Series B Preferred, and USB Realty Corp. preferred.

## SEC filing metadata
- accession: 0001193125-24-151083
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000119312524151083/0001193125-24-151083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000119312524151083/d823495d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-151083
- JSON: https://secwatch.observer/filing/0001193125-24-151083.json
- Plain text: https://secwatch.observer/filing/0001193125-24-151083.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.