PNC Financial Services to Redeem $1.25 Billion in Debt

MT newswire2026/10/09 12:47

08:47 AM EDT, 10/09/2026 (MT Newswires) -- PNC Financial Services (PNC) said Friday it plans to redeem on Oct. 20 all of its outstanding 6.615% fixed rate/floating rate senior notes due Oct. 20, 2027, totaling $1.25 billion. The redemption price will be equal to 100% of the principal, plus any accrued and unpaid interest to the redemption date, the company said.

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