Life Care News
A Hope Of True Information

- Advertisement -

Fifth Third Bank Announces Redemption of MB Financial Bank Subordinated Notes due December 1, 2027

24

CINCINNATI–(BUSINESS WIRE)–Fifth Third Bancorp (Nasdaq: FITB) today announced that its subsidiary, Fifth Third Bank, National Association (the “Bank”), successor-in-interest to MB Financial Bank, National Association (“MB”), has submitted a redemption notice to the paying agent for redemption of all of the outstanding MB fixed-to-floating rate subordinated notes due December 1, 2027 (CUSIP 55266C XM3) issued in the principal amount of $175 million. The notes will be redeemed on March 1, 2023 pursuant to their terms and conditions for an amount equal to 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date.

- Advertisement -

About Fifth Third Bancorp

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com.

- Advertisement -

Contacts

Chris Doll (Investor Relations)

Christopher.Doll@53.com | 513-534-2345

Ed Loyd (Media Relations)

Edgar.Loyd@53.com | 513-534-6397

Get real time updates directly on you device, subscribe now.

Has Aji River now become a dumping site?