MINNEAPOLIS--(BUSINESS WIRE)--Oct. 5, 2018--
U.S. Bancorp today announced the redemption on October 15, 2018, of all
of its outstanding (i) 1.95% Medium-Term Notes, Series T (Senior), due
November 15, 2018 (CUSIP No. 91159HHE3) and (ii) Floating Rate
Medium-Term Notes, Series T (Senior), due November 15, 2018 (CUSIP No.
91159HHF0). The redemption price for each of the Medium-Term 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
October 15, 2018.
Payment of the redemption price will be made through the facilities of
The Depository Trust Company.
About U.S. Bank
U.S. Bancorp, with 74,000 employees and $461
billion in assets as of June 30, 2018, is the parent company of U.S.
Bank, 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 2018
World’s Most Ethical Company. Visit U.S. Bank at usbank.com
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181005005056/en/
Source: U.S. Bancorp
U.S. Bank Investor Relations
Jennifer Thompson, 612-303-0778
jen.thompson@usbank.com
or
U.S.
Bank Financial Communications
Stacey Wempen, 612-303-7620
stacey.wempen@usbank.com
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