Financing ·
Fifth Third Bancorp completed exchange offers and consent solicitations for existing FTFC notes, resulting in the…
FITBFifth Third Bancorp
Fifth Third Bancorp completed exchange offers and consent solicitations for existing FTFC notes, resulting in the issuance of approximately $1,272,791,000 in new senior unsecured notes. The exchange involved $334,781,000 of 4.000% Senior Notes due 2029 and $938,170,000 of 5.982% Fixed-To-Floating Rate Senior Notes due 2030. The company also entered into a registration rights agreement with J.P. Morgan Securities LLC. Fifth Third Bancorp is a financial services company providing banking and investment services.