U.S. Bancorp will redeem all of its outstanding 2.20% series V medium-term notes and floating-rate series V medium-term notes, both due April 25.

The Minneapolis-based company will redeem each of the notes for a price equal to $1,000 per $1,000 in original principal amount, plus any accrued and unpaid interest.

On March 26, U.S. Bank NA will also redeem all of its outstanding floating-rate senior notes due April 26 at a price equal to $1,000 per $1,000 in original principal amount, plus any accrued and unpaid interest.