debt
confidence high
sentiment neutral
materiality 0.50
PNC issues $2B in senior notes: $1B at 5.463% due 2037, $1B at 4.831% due 2030
PNC FINANCIAL SERVICES GROUP, INC.
- Completed public offer and sale of $1B 5.463% Fixed/Floating Senior Notes due 2037 and $1B 4.831% Fixed/Floating Senior Notes due 2030.
- Underwriting agreement with PNC Capital Markets, Goldman Sachs & Co., and Morgan Stanley & Co. LLC.
- Notes issued under indenture with The Bank of New York Mellon as trustee.
- Proceeds not specified; typical use for general corporate purposes.