PNC Postpones Remarketing Due To Hurricane Related Issues
PITTSBURGH, Oct. 31, 2012 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it will not remarket today the $500,100,000 aggregate principal amount of its Remarketable 8.729% Junior Subordinated Notes due 2043 (the "Notes"). PNC intends to remarket the Notes later in the remarketing period as permitted under the terms of the Notes.
This press release is for informational purposes only and is not an offer to sell or purchase nor the solicitation of an offer to sell or purchase securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful. The Notes have not been registered under the Securities Act and may not be offered or sold within the United States absent registration or an applicable exemption from the registration requirements.
The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
William H. Callihan
SOURCE The PNC Financial Services Group, Inc.