PNC Announces Redemption of 5.812% Fixed Rate/Floating Rate Senior Notes Due June 12, 2026

Group 1 - PNC Financial Services Group, Inc. announced the redemption of all outstanding 5.812% Fixed Rate/Floating Rate Senior Notes amounting to $1,000,000,000 on June 12, 2025 [1] - The redemption price will be 100% of the principal amount plus any accrued and unpaid interest up to the redemption date [1] - Interest on the 5.812% Fixed Rate/Floating Rate Senior Notes will cease to accrue on the redemption date [1] Group 2 - Payment for the redemption price will be processed through the facilities of the Depository Trust Company [2] - PNC is one of the largest diversified financial services institutions in the United States, offering a wide range of retail and business banking services, corporate banking, real estate finance, and asset management [3]