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PNC Announces Redemption of 6.615% Fixed Rate/Floating Rate Senior Notes Due October 20, 2027

EXHIBIT · mmx.prnewswire.com
KINDNews
DIRECTION■ Unclear/unknown
SOURCES1
ENTITIES2
STORY SIZESTANDALONE
FIRST SEEN2026-10-09 12:20 UTC
LAST UPDATE2026-10-09 12:20 UTC
STATEactive

01 THE MACHINE READ

WHY IT MATTERS.

Note redemption is routine liability management; it slightly reduces PNC's outstanding debt but signals nothing directional.

Routine bank liability management, no signal
CATALYST TO WATCH

Any replacement issuance terms

MAIN RISK

Refinancing costs if rates stay elevated

FULL DISPATCH

PITTSBURGH, Oct. 9, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Oct. 20, 2026, of all outstanding 6.615% Fixed Rate/Floating Rate Senior Notes due Oct. 20, 2027, issued by PNC in the amount of $1,250,000,000 (CUSIP 693475 BT1)....

02 THE STORY SO FAR

THE RECORD, IN ORDER.

STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.

03 WHO'S INVOLVED

ENTITIES ON FILE.

AFFECTEDBanks
AFFECTEDCredit

04 RECEIPTS

THE SOURCE RECORD.

1 SOURCES CONFIRMED
№ 01prnewswireprnewswire.com · PRIMARY2026-10-09 12:20 UTCOPEN RECEIPT →

05 PROPAGATION

WHAT THIS TOUCHES.

KEEP READING THE MACHINE

OPEN THE MACHINE →THE PREDICTION LEDGER →

Summaries are generated and may contain errors — every claim links its sources.