U.S. Bank Announces Redemption of Senior Notes

September 18, 2019

MINNEAPOLIS--(BUSINESS WIRE)--Sep. 18, 2019-- U.S. Bank National Association today announced the redemption on September 28, 2019, of all its outstanding 2.125% Senior Notes due October 28, 2019 (CUSIP No. 90331HML4) and Floating Rate Senior Notes due October 28, 2019 (CUSIP No. 90331HMM2). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of September 28, 2019.

Payment of the redemption price for the Senior Notes will be made through the facilities of The Depository Trust Company.

About U.S. Bancorp

U.S. Bancorp, with 74,000 employees and $482 billion in assets as of June 30, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank at www.usbank.com or follow on social media to stay up to date with company news.

Source: U.S. Bank

Jennifer Thompson, U.S. Bancorp Investor Relations – 612.303.0778; jen.thompson@usbank.com
Rebekah Fawcett, U.S. Bancorp Corporate Communications – 612.303.9986; rebekah.fawcett@usbank.com
Twitter @usbank_news

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