U.S. Bancorp to redeem senior notes in October 2026

U.S. Bancorp (NYSE: USB) announced the redemption on October 26, 2026, of all outstanding 6.787% Fixed-to-Floating Rate Senior Notes due October 26, 2027 (CUSIP No. 91159HJP6), according to a press release from the Minneapolis-based company.

The redemption price will equal 100% of the principal amount of the notes, plus any accrued and unpaid interest up to, but excluding, the redemption date.

U.S. Bank National Association, a subsidiary of U.S. Bancorp, separately announced the redemption on October 22, 2026, of two series of notes: all outstanding 4.507% Fixed-to-Floating Rate Senior Notes due October 22, 2027 (CUSIP No. 90331HPP2), and all outstanding Floating Rate Senior Notes due October 22, 2027 (CUSIP No. 90331HPQ0).

The redemption price for each of those notes will also equal 100% of their principal amount, plus any accrued and unpaid interest to, but excluding, the October 22, 2026, redemption date.

Payment for all redemptions will be processed through the facilities of The Depository Trust Company.

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