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Fifth Third Bancorp Announces Redemption of Senior Notes

Business Wire24/09/202608:30 ET
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Fifth Third Bancorp (NYSE: FITB) today announced that it has submitted a redemption notice to the trustee for redemption of all of its outstanding 1.707% Fixed Rate/Floating Rate Senior Notes due 2027 (CUSIP 316773 DD9) issued in the principal amount of $500 million. The notes will be redeemed on November 1, 2026 pursuant to their terms and conditions for an amount equal to 100% of the principal amount plus accrued and unpaid interest thereon to, but excluding, the redemption date. The redemption price will become due and payable on the redemption date.

Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is to be the one bank people most value and trust.

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