secwatch.observer — SEC 8-K summary
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Issuer:     FNB CORP/PA/ (FNB)
CIK:        0000037808
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001193125-24-275727
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FNB Corp. issues $500M 5.722% senior notes due 2030
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- $500M aggregate principal, priced at 100%, net proceeds ~$498.25M after underwriting discount.
- Notes bear 5.722% fixed rate from Dec 11 2024 to Dec 11 2029, then SOFR+1.93% floating rate.
- Maturity December 11, 2030; redeemable at par after Nov 11, 2030, with make-whole call before Dec 11 2029.
- Proceeds for general corporate purposes, including holding company investments and refinancing outstanding debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37808/000119312524275727/0001193125-24-275727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37808/000119312524275727/d813992d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-275727

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