PNC redeems $1.25B senior notes early on Oct 20, 2026, stopping interest accrual.

PNC Financial Services Group will redeem all outstanding $1.25 billion of its 6.615% Fixed/Floating Rate Senior Notes on October 20, 2026, a year before their scheduled maturity in 2027. The redemption price will be 100% of the principal plus accrued interest up to the redemption date. This early redemption stops further interest accrual on these notes and is part of PNC's debt management strategy. Payments will be processed through The Depository Trust Company.

PNC Financial Services Group's common stock is trading at USD 220.00 on Pluang as of October 9, 2026, 19:31 WIB. The stock shows a slight increase of 0.15% on the day. Its market capitalization stands at $87.64 billion, reflecting its significant presence in the financial sector.