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Fifth Third Bancorp launches exchange offers for Comerica notes, seeks to remove covenants

FITBFifth Third Bancorp

Fifth Third Bancorp has commenced exchange offers and consent solicitations for certain outstanding notes originally issued by Comerica Incorporated following its merger with Fifth Third Financial Corporation. The company is offering to exchange these notes for new Fifth Third notes and cash while simultaneously seeking to amend indentures to eliminate various covenants and restrictive provisions.

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