Fifth Third Bancorp (NASDAQ: FITB) today announced that Fifth Third Bank
has submitted a redemption notice to the issuing and paying agent for
redemption of all of the outstanding 1.35% fixed rate senior notes due
June 1, 2017 (CUSIP 31677QBA6) issued in the principal amount of $650
million. The notes will be redeemed on May 2, 2017, 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.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of December 31, 2016, the Company
had $142 billion in assets and operates 1,191 full-service Banking
Centers, and 2,495 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois,
Florida, Tennessee, West Virginia, Georgia and North Carolina. Fifth
Third operates four main businesses: Commercial Banking, Branch Banking,
Consumer Lending and Wealth & Asset Management. Fifth Third also has a
17.9% interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of December 31, 2016, had $315
billion in assets under care, of which it managed $31 billion for
individuals, corporations and not-for-profit organizations through its
Trust and Brokerage businesses. Investor
information and press
releases can be viewed at www.53.com.
Fifth Third’s common stock is traded on the NASDAQ® Global Select Market
under the symbol “FITB.”
Fifth Third Bancorp
Sameer Gokhale (Investors), 513-534-2219
or
Larry Magnesen (Media), 513-534-8055