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Published on 5/23/2022 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

U.S. Bank to redeem floating-rate notes due 2023 on June 2 at par

By Marisa Wong

Los Angeles, May 23 – U.S. Bank NA said it will redeem all of its outstanding floating-rate senior notes due June 2, 2023 (Cusip: 90331HPM9) on June 2.

The redemption price will be par of $1,000 plus accrued interest to but excluding the redemption date, according to a press release.

The bank is based in Minneapolis.


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