PNC Financial Services Group ($PNC) will redeem all outstanding $1.25 billion of its 6.615% Fixed Rate/Floating Rate Senior Notes due Oct. 20, 2027, on Oct. 20, 2026. The redemption price is 100% of principal plus accrued interest. Interest will cease to accrue on the redemption date.

One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.