Fifth Third Bank Announces Redemption of Senior Bank Notes due February 1, 2022
19 Novembre 2021 - 2:00PM
Business Wire
Fifth Third Bancorp (Nasdaq: FITB) today announced that its
subsidiary, Fifth Third Bank, National Association (the “Bank”),
has submitted a redemption notice to the issuing and paying agent
for redemption of all of the Bank’s outstanding floating rate
senior notes due February 1, 2022 (CUSIP 31677QBQ1) issued in the
principal amount of $300 million. The Bank notes will be redeemed
on January 3, 2022 pursuant to their terms and conditions for an
amount equal to 100% of the principal amount plus accrued and
unpaid interest to, but excluding, the redemption date.
About Fifth Third
Bancorp
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio, and the indirect parent company
of Fifth Third Bank, National Association, a federally chartered
institution. As of September 30, 2021, the Company had $208 billion
in assets and operated 1,100 full-service Banking Centers, and
2,336 Fifth Third branded ATMs in Ohio, Kentucky, Indiana,
Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia,
North Carolina and South Carolina. In total, Fifth Third provides
its customers with access to approximately 52,000 fee-free ATMs
across the United States. Fifth Third operates four main
businesses: Commercial Banking, Branch Banking, Consumer Lending,
and Wealth & Asset Management. Fifth Third is among the largest
money managers in the Midwest and, as of
September 30, 2021, had $541 billion in assets under care, of
which it managed $61 billion for individuals, corporations and
not-for-profit organizations through its Trust and Registered
Investment Advisory businesses. Investor information and press
releases can be viewed at www.53.com. Fifth Third’s common stock is
traded on the NASDAQ® Global Select Market under the symbol
“FITB.”
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version on businesswire.com: https://www.businesswire.com/news/home/20211119005225/en/
Chris Doll (Investor Relations) Christopher.Doll@53.com |
513-534-2345
Ed Loyd (Media Relations) Edgar.Loyd@53.com | 513-534-6397
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