PNC Financial Completes Bond Offering
September 21 2009 - 11:27AM
Dow Jones News
PNC Financial Services Group Inc. (PNC) said Monday it completed
the sale of $500 million of senior notes.
The five-year notes, offered through the Pittsburgh bank's PNC
Funding Corp. subsidiary, have a 4.25% coupon, PNC said in a filing
with the Securities and Exchange Commission. The notes were
underwritten by Goldman, Sachs & Co., J.P. Morgan Securities
Inc., and others.
-By Matthias Rieker, Dow Jones Newswires; 212-416-2471;
matthias.rieker@dowjones.com