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Huntington Bancshares logoHuntington Bancshares HBAN

The company said it issued and sold $1,150,000,000 aggregate principal amount of its 5.272% Fixed-to-Floating Rate Senior Notes due 2031 on November 18, 2024.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it issued and sold $1,150,000,000 aggregate principal amount of its 5.272% Fixed-to-Floating Rate Senior Notes due 2031 on November 18, 2024.

  2. The company said it also issued and sold $600,000,000 aggregate principal amount of its 6.141% Fixed-to-Fixed Rate Subordinated Notes due 2039 on the same day. The Subordinated Notes, together with the Senior Notes, are defined as the Notes.

  3. The company said the Senior Notes were issued on December 29, 2005 under a Senior Debt Securities Indenture, as supplemented by a Fifth Supplemental Indenture dated August 21, 2023 and an Eighth Supplemental Indenture dated November 18, 2024.

  4. The company said the Notes were sold on November 12, 2024 under an Underwriting Agreement, and that the agreement names Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Huntington Securities, Inc., RBC Capital Markets, LLC and UBS Securities LLC as parties.

Summary

AI-written

Analysis 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.

$1,150,000,000 5.272% Senior Notes Issued

The company said it issued and sold $1,150,000,000 aggregate principal amount of its 5.272% Fixed-to-Floating Rate Senior Notes due 2031 on November 18, 2024.

Source · Based on the filing body and exhibits

$600,000,000 6.141% Subordinated Notes Issued

The company said it also issued and sold $600,000,000 aggregate principal amount of its 6.141% Fixed-to-Fixed Rate Subordinated Notes due 2039 on the same day. The Subordinated Notes, together with the Senior Notes, are defined as the Notes.

Source · Based on the filing body and exhibits

Indenture Governing Senior Notes Issuance

The company said the Senior Notes were issued on December 29, 2005 under a Senior Debt Securities Indenture, as supplemented by a Fifth Supplemental Indenture dated August 21, 2023 and an Eighth Supplemental Indenture dated November 18, 2024.

Source · Based on the filing body and exhibits

Underwriting Agreement and Underwriters

The company said the Notes were sold on November 12, 2024 under an Underwriting Agreement, and that the agreement names Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Huntington Securities, Inc., RBC Capital Markets, LLC and UBS Securities LLC as parties.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.