Wipada Wipawin
- Fifth Third Bancorp (NASDAQ:FITB) said on Wednesday its unit Fifth Third Bank, National Association, is set to redeem all of the outstanding 5.852% fixed-to-floating rate senior notes due Oct. 27, 2025.
- The notes, issued in the principal amount of $1.0B, will be redeemed on or after the first business day following Oct. 27.
- The redemption amount will be equal to 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date.
- Source: Press Release
