MINNEAPOLIS--(BUSINESS WIRE)--Mar. 15, 2019--
U.S. Bancorp today announced the redemption on March 25, 2019, of all
its outstanding (i) 2.20% Medium-Term Notes, Series V (Senior), due
April 25, 2019 (CUSIP No. 91159HHH6) and (ii) Floating Rate Medium-Term
Notes, Series V (Senior), due April 25, 2019 (CUSIP No. 91159HHJ2). 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 March 25, 2019.
U.S. Bank National Association today announced the redemption on March
26, 2019, of all its outstanding Floating Rate Senior Notes due April
26, 2019 (CUSIP No. 90331HMZ3). 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 March 26, 2019.
Payment of the redemption price for the Medium-Term Notes and Senior
Notes will be made through the facilities of The Depository Trust
Company.
Minneapolis-based U.S. Bancorp (NYSE: USB), with 74,000 employees and
$467 billion in assets as of December 31, 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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190315005011/en/
Source: U.S. Bancorp
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