AI English summary of an SEC filing — figures as filed
Fifth Third Bancorp FITBThe company said it issued $750,000,000 in principal amount of 4.895% Fixed Rate/Floating Rate Senior Notes due 2030 on September 6, 2024.
Key points
AI summaryThe company said it issued $750,000,000 in principal amount of 4.895% Fixed Rate/Floating Rate Senior Notes due 2030 on September 6, 2024.
The company said the notes were sold under an Underwriting Agreement with RBC Capital Markets, LLC, BofA Securities, Inc., Fifth Third Securities, Inc., and Morgan Stanley & Co. LLC. It said net proceeds after the underwriting discount and estimated expenses were approximately $745,859,550.
Fifth Third entered into a Supplemental Indenture with Wilmington Trust Company, as Trustee, on September 6, 2024. The company said it modifies the Indenture for Senior Debt Securities dated as of April 30, 2008.
The company said the notes were registered under an automatic shelf registration statement on Form S-3 (SEC File No. 333-263894) filed on March 28, 2022, and that the prospectus supplement dated September 3, 2024 was filed under Rule 424(b) on September 5, 2024.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fifth Third to issue $750,000,000 of 4.895% senior notes
The company said it issued $750,000,000 in principal amount of 4.895% Fixed Rate/Floating Rate Senior Notes due 2030 on September 6, 2024.
Source · Based on the filing body and exhibits
Underwriters and Net Proceeds
The company said the notes were sold under an Underwriting Agreement with RBC Capital Markets, LLC, BofA Securities, Inc., Fifth Third Securities, Inc., and Morgan Stanley & Co. LLC. It said net proceeds after the underwriting discount and estimated expenses were approximately $745,859,550.
Source · Based on the filing body and exhibits
Supplemental Indenture Entered Into
Fifth Third entered into a Supplemental Indenture with Wilmington Trust Company, as Trustee, on September 6, 2024. The company said it modifies the Indenture for Senior Debt Securities dated as of April 30, 2008.
Source · Based on the filing body and exhibits
Shelf Registration and Filing Basis
The company said the notes were registered under an automatic shelf registration statement on Form S-3 (SEC File No. 333-263894) filed on March 28, 2022, and that the prospectus supplement dated September 3, 2024 was filed under Rule 424(b) on September 5, 2024.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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