Pnc announces redemption of senior bank notes due june 29, 2022

Pittsburgh , april 29, 2022 /prnewswire/ -- the pnc financial services group, inc. (nyse: pnc) today announced the redemption on may 31, 2022 of all of the outstanding senior notes due june 29, 2022 issued by pnc bank, national association (as successor-in-interest to bbva usa, formerly known as compass bank) in the amount of $750,000,000 (cusip 20453kab1). the securities have a distribution rate of 2.875% and an original scheduled maturity date of june 29, 2022.
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