{"id":511366,"date":"2021-07-09T08:33:38","date_gmt":"2021-07-09T12:33:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/"},"modified":"2021-07-09T08:33:38","modified_gmt":"2021-07-09T12:33:38","slug":"pnc-announces-redemption-of-senior-notes-due-july-22-2022","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/","title":{"rendered":"PNC Announces Redemption Of Senior Notes Due July 22, 2022"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PITTSBURGH<\/span>, <span class=\"xn-chron\">July 9, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on <span class=\"xn-chron\">July 22, 2021<\/span>, of the following Senior Notes issued by PNC Bank, National Association:<\/p>\n<ul type=\"disc\">\n<li>All outstanding Senior Fixed Rate\/Floating Rate Notes due <span class=\"xn-chron\">July 22, 2022<\/span>, in the amount of <span class=\"xn-money\">$600,000,000<\/span> (CUSIP 69353RFP8). The securities have a distribution rate of 2.232% and an original scheduled maturity date of <span class=\"xn-chron\">July 22, 2022<\/span>. The redemption price will be equal to <span class=\"xn-money\">$1,000<\/span> per <span class=\"xn-money\">$1,000<\/span> in principal amount, plus any accrued and unpaid distributions to the redemption date of <span class=\"xn-chron\">July 22, 2021<\/span>. <\/li>\n<li>All outstanding Senior Floating Rate Notes due <span class=\"xn-chron\">July 22, 2022<\/span>, in the amount of <span class=\"xn-money\">$900,000,000<\/span> (CUSIP 69353RFQ6). The securities have an original scheduled maturity date of <span class=\"xn-chron\">July 22, 2022<\/span>. The redemption price will be equal to <span class=\"xn-money\">$1,000<\/span> per <span class=\"xn-money\">$1,000<\/span> in principal amount, plus any accrued and unpaid interest to the redemption date of <span class=\"xn-chron\">July 22, 2021<\/span>. <\/li>\n<\/ul>\n<p>Payment of the redemption price will be made through the facilities of The Depository Trust Company. <\/p>\n<p>The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in <span class=\"xn-location\">the United States<\/span>, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3222533-1&amp;h=40523943&amp;u=http%3A%2F%2Fwww.pnc.com%2F&amp;a=www.pnc.com\" rel=\"nofollow noopener\">www.pnc.com<\/a>.<\/p>\n<p>\n        <b>CONTACTS:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>MEDIA<\/u><br \/>\n        <\/b><br \/>\n        <b>:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><\/b><br \/>\n        <span class=\"xn-person\">Marcey Zwiebel<\/span><br \/>\n        <br \/>(412) 762-4550<br \/><a target=\"_blank\" href=\"mailto:media.relations@pnc.com\" rel=\"nofollow noopener\">media.relations@pnc.com<\/a><\/p>\n<p>\n        <b><br \/>\n          <u>INVESTORS<\/u><br \/>\n        <\/b><br \/>\n        <b>:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Bryan Gill<\/span><br \/>\n        <br \/>(412) 768-4143<br \/><a target=\"_blank\" href=\"mailto:investor.relations@pnc.com\" rel=\"nofollow noopener\">investor.relations@pnc.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder9402\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/364550\/PNC_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/364550\/PNC_Logo.jpg\" title=\"PNC Logo\" alt=\"PNC Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE37643&amp;sd=2021-07-09\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/pnc-announces-redemption-of-senior-notes-due-july-22-2022-301328641.html\">https:\/\/www.prnewswire.com\/news-releases\/pnc-announces-redemption-of-senior-notes-due-july-22-2022-301328641.html<\/a><\/p>\n<p>SOURCE  The PNC Financial Services Group, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE37643&amp;Transmission_Id=202107090830PR_NEWS_USPR_____NE37643&amp;DateId=20210709\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PITTSBURGH, July 9, 2021 \/PRNewswire\/ &#8212;\u00a0The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on July 22, 2021, of the following Senior Notes issued by PNC Bank, National Association: All outstanding Senior Fixed Rate\/Floating Rate Notes due July 22, 2022, in the amount of $600,000,000 (CUSIP 69353RFP8). The securities have a distribution rate of 2.232% and an original scheduled maturity date of July 22, 2022. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of July 22, 2021. All outstanding Senior Floating Rate Notes due July 22, 2022, in the amount of $900,000,000 (CUSIP 69353RFQ6). The securities have an original scheduled &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PNC Announces Redemption Of Senior Notes Due July 22, 2022&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-511366","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PNC Announces Redemption Of Senior Notes Due July 22, 2022 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PNC Announces Redemption Of Senior Notes Due July 22, 2022 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PITTSBURGH, July 9, 2021 \/PRNewswire\/ &#8212;\u00a0The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on July 22, 2021, of the following Senior Notes issued by PNC Bank, National Association: All outstanding Senior Fixed Rate\/Floating Rate Notes due July 22, 2022, in the amount of $600,000,000 (CUSIP 69353RFP8). The securities have a distribution rate of 2.232% and an original scheduled maturity date of July 22, 2022. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of July 22, 2021. All outstanding Senior Floating Rate Notes due July 22, 2022, in the amount of $900,000,000 (CUSIP 69353RFQ6). 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/","og_locale":"en_US","og_type":"article","og_title":"PNC Announces Redemption Of Senior Notes Due July 22, 2022 - Market Newsdesk","og_description":"PR Newswire PITTSBURGH, July 9, 2021 \/PRNewswire\/ &#8212;\u00a0The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on July 22, 2021, of the following Senior Notes issued by PNC Bank, National Association: All outstanding Senior Fixed Rate\/Floating Rate Notes due July 22, 2022, in the amount of $600,000,000 (CUSIP 69353RFP8). The securities have a distribution rate of 2.232% and an original scheduled maturity date of July 22, 2022. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of July 22, 2021. All outstanding Senior Floating Rate Notes due July 22, 2022, in the amount of $900,000,000 (CUSIP 69353RFQ6). The securities have an original scheduled &hellip; Continue reading \"PNC Announces Redemption Of Senior Notes Due July 22, 2022\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-09T12:33:38+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/364550\/PNC_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PNC Announces Redemption Of Senior Notes Due July 22, 2022","datePublished":"2021-07-09T12:33:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/"},"wordCount":267,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/364550\/PNC_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/pnc-announces-redemption-of-senior-notes-due-july-22-2022\/","name":"PNC Announces Redemption Of Senior Notes Due July 22, 2022 - 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