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PNC Financial to redeem $1.5 billion of 2.45% notes due Nov. 5
By Taylor Fox
New York, Sept. 25 – PNC Financial Services Group, Inc. plans to redeem all $1.5 billion of the outstanding 2.45% senior notes due Nov. 5, 2020 (Cusip: 69353REU8) issued by PNC Bank, NA, according to a news release.
The notes will be redeemed at par plus interest on Oct. 6.
Payment will be made through the facilities of the Depository Trust Co.
PNC Financial Services Group is a financial services company based in Pittsburgh.
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