What changed
Fifth Third Bancorp accepted for exchange $334,449,000 of its 4.000% Senior Notes due 2029, representing 99.9399% of the $334,650,000 outstanding, and $938,116,000 of its 5.982% Fixed-To-Floating Rate Senior Notes due 2030, representing 99.9973% of the $938,141,000 outstanding. The registered exchange offer expired September 22, 2026, with settlement expected on or about September 24, 2026. The new registered notes carry substantially identical terms to the restricted notes but are registered under the Securities Act and free of transfer restrictions.
Why it matters
Fifth Third Bancorp accepted for exchange $334,449,000 of its 4.000% Senior Notes due 2029, representing 99.9399% of the $334,650,000 outstanding, and $938,116,000 of its 5.982% Fixed-To-Floating Rate