The PNC Financial Services Group, Inc. announced the redemption of the following Senior Bank Notes and Senior Notes: On Jan. 18, 2022, all outstanding Senior Bank Notes due Feb. 17, 2022 issued by PNC Bank, National Association in the amount of $1,250,000,000.

The securities have a distribution rate of 2.625% and an original scheduled maturity date of Feb. 17, 2022. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Jan.

18, 2022. On Feb. 7, 2022, all outstanding Senior Notes due March 8, 2022 issued by PNC (as successor-in-interest to PNC Funding Corp) in the amount of $1,000,000,000.

The securities have a distribution rate of 3.30% and an original scheduled maturity date of March 8, 2022. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Feb. 7, 2022.