The PNC Financial Services Group Inc. has completed a public offering and sale of $1.5 billion in senior notes with a fixed and floating interest rate of 5.373%, set to mature on July 21, 2036. This issuance was carried out under an Underwriting Agreement dated July 17, 2025, in collaboration with PNC Capital Markets LLC, Citigroup Global Markets Inc., and Goldman Sachs & Co. LLC. The offering is detailed in a prospectus supplement filed with the Securities and Exchange Commission on July 18, 2025, as part of the company's registration statement. The notes were issued under an Indenture with The Bank of New York Mellon serving as trustee. Legal counsel for the issuance was provided by Laura Gleason, whose opinion is attached as an exhibit in the filing.
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