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U.S. Bank Announces Redemption of Senior Notes | Business & Finance

MINNEAPOLIS–(Enterprise WIRE)–May 23, 2022–

U.S. Financial institution Nationwide Association currently announced the redemption on June 2, 2022, of all its exceptional Floating Rate Senior Notes due June 2, 2023 (CUSIP No. 90331HPM9). The redemption rate for the Senior Notes will be equal to $1,000 for each $1,000 unique principal total, furthermore any accrued and unpaid desire to, but excluding, the redemption date of June 2, 2022.

Payment of the redemption selling price for the Senior Notes will be built by means of the services of The Depository Trust Corporation.

U.S. Bancorp, with roughly 70,000 workforce and $587 billion in assets as of March 31, 2022, is the mum or dad business of U.S. Financial institution Countrywide Affiliation. The Minneapolis-centered corporation serves millions of shoppers locally, nationally and globally by a diversified blend of corporations: Client and Business enterprise Banking Payment Services Company & Professional Banking and Wealth Administration and Expenditure Companies. The enterprise has been acknowledged for its tactic to electronic innovation, social duty, and purchaser company, which include becoming named 1 of the 2022 World’s Most Ethical Corporations and Fortune’s most admired superregional bank. Find out far more at usbank.com/about.

Make contact with: Investor contact: Jennifer Thompson, U.S. Bancorp Investor Relations

Media get in touch with: Jeff Shelman, U.S. Bancorp Public Affairs and Communications

Key phrase: UNITED STATES NORTH The us MINNESOTA

Sector Key word: BANKING OTHER Specialist Products and services Professional Providers FINANCE

Copyright Small business Wire 2022.

PUB: 05/23/2022 09:00 AM/DISC: 05/23/2022 09:02 AM

Copyright Business enterprise Wire 2022.