PITTSBURGH, July 22, 2021 /PRNewswire/ -- The PNC
Financial Services Group, Inc. (NYSE: PNC) today announced the
redemption on Aug. 4, 2021 of all of
the outstanding Senior Notes due Sept. 3,
2021 issued by PNC in the amount of $500,000,000 (CUSIP 693475AU9). The securities
have a distribution rate of 3.250% and an original scheduled
maturity date of Sept. 3, 2021. 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 Aug. 4,
Payment of the redemption price will be made through the
facilities of The Depository Trust Company.
The PNC Financial Services Group, Inc. is one of the largest
diversified financial services institutions in the United States, 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 www.pnc.com.
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SOURCE The PNC Financial Services Group, Inc.