What changed
Fifth Third Bancorp commenced a registered exchange offer for any and all of its outstanding unregistered senior notes. The offer covers $334,650,000 of 4.000% Senior Notes due 2029 and $938,141,000 of 5.982% Fixed-To-Floating Rate Senior Notes due 2030. Registered Notes will be issued under the same indenture with substantially identical terms, excluding transfer restrictions and registration rights. The offer expires at 5:00 p.m. New York City time on September 22, 2026.
Why it matters
Fifth Third Bancorp commenced a registered exchange offer for any and all of its outstanding unregistered senior notes. The offer covers $334,650,000 of 4.000% Senior Notes due 2029 and $938,141,000 of 5.982% Fixed-To-Floating Rate Senior Notes due 2030. Registered Notes will be issued under the same indenture with substantially identical terms, excluding transfer restrictions and registration rights. The offer expires at 5:00 p.m. New York City time on September 22, 2026.