MINNEAPOLIS--(BUSINESS WIRE)--Aug. 1, 2017--
U.S. Bank National Association (“U.S. Bank”) today announced the
redemption on August 11, 2017, of all of its outstanding (i) Floating
Rate Senior Notes due September 11, 2017 (CUSIP No. 90331HMJ9) and (ii)
1.375% Senior Notes due September 11, 2017 (CUSIP No. 90331HMH3). 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 August 11, 2017.
U.S. Bank today also announced the redemption on August 11, 2017, of all
of the outstanding principal amount of its 1.375% Certificate of Deposit
due September 11, 2017 (CUSIP No. 90333VPF1). The redemption price will
be equal to $1,000 per $1,000 notional amount, plus any accrued and
unpaid interest to, but excluding, the redemption date of August 11,
2017.
Payment of the redemption price for each of the Senior Notes and the
Certificate of Deposit will be made through the facilities of The
Depository Trust Company.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $464 billion in assets
as of June 30, 2017, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United States. The
Company operates 3,088 banking offices in 25 states and 4,826 ATMs, and
provides a comprehensive line of banking, investment, mortgage, trust
and payment services products to consumers, businesses and institutions.
Visit U.S. Bancorp on the web at www.usbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170801005123/en/
Source: U.S. Bancorp
U.S. Bank Investor Relations
Jennifer Thompson, 612-303-0778
jen.thompson@usbank.com
or
U.S.
Bank Corporate Communications
Dana Ripley, 612-303-3167
dana.ripley@usbank.com
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