Minneapolis-based US Bank NA, a unit of U.S. Bancorp, intends to redeem on Sept. 28 all its outstanding 2.125% senior notes and floating-rate senior notes, both due Oct. 28.
The senior notes will be redeemed at a price equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date. Payment of the redemption price for the notes will be made through the facilities of The Depository Trust Co.
