PNC said it completed the public offering and sale of $1,750,000,000 in 5.492% Fixed Rate/Floating Rate Senior Notes due May 14, 2030, with the offering completed on May 14, 2024.

8-KOther EventsFiled May 14, 2024Period of report May 8, 2024Summary published (UTC) Oct 27, 2026

Key points

AI summary

PNC said it completed the public offering and sale of $1,750,000,000 in 5.492% Fixed Rate/Floating Rate Senior Notes due May 14, 2030, with the offering completed on May 14, 2024.
The company said the notes were sold on May 8, 2024 under an Underwriting Agreement among the company, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and PNC Capital Markets LLC.
The company said the notes were issued under a Base Indenture dated September 6, 2012 and a First Supplemental Indenture dated April 23, 2021, with The Bank of New York Mellon as trustee.
The company said the filing was made to file the related documents as exhibits to Form S-3ASR registration statement (File No. 333-261622), and that the prospectus supplement dated May 8, 2024 was filed on May 9, 2024.

Summary

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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.

PNC Completes $1,750,000,000 Senior Notes Offering

PNC said it completed the public offering and sale of $1,750,000,000 in 5.492% Fixed Rate/Floating Rate Senior Notes due May 14, 2030, with the offering completed on May 14, 2024.

Source · Based on the filing body and exhibits

Underwriting Agreement Entered Into

The company said the notes were sold on May 8, 2024 under an Underwriting Agreement among the company, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and PNC Capital Markets LLC.

Source · Based on the filing body and exhibits

Indenture and Trustee

The company said the notes were issued under a Base Indenture dated September 6, 2012 and a First Supplemental Indenture dated April 23, 2021, with The Bank of New York Mellon as trustee.

Source · Based on the filing body and exhibits

Form S-3ASR Registration and Exhibits

The company said the filing was made to file the related documents as exhibits to Form S-3ASR registration statement (File No. 333-261622), and that the prospectus supplement dated May 8, 2024 was filed on May 9, 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

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