U.S. Bank Announces Redemption of Senior Notes

U.S. Bank National Association today announced the redemption of all its outstanding (i) 2.35% Senior Notes due January 23, 2020 (CUSIP 90331HNJ8), to be redeemed on December 23, 2019; (ii) 2.00% Senior Notes due January 24, 2020 (CUSIP 903381HNB5), to be redeemed on December 24, 2019; (iii) Floating Rate Senior Notes due January 24, 2020 (CUSIP 90331HNC3), to be redeemed on December 24, 2019; and (iv) Floating Rate Senior Notes due January 30, 2020 (CUSIP 90331HNM1), to be redeemed on December 30, 2019. The redemption price for the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, each Senior Note's respective redemption date.

Payment of the redemption price for the Senior Notes will be made through the facilities of The Depository Trust Company.

About U.S. Bank
U.S. Bancorp, with 74,000 employees and $488 billion in assets as of September 30, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World's Most Ethical Company. Visit U.S. Bank at usbank.com or follow on social media to stay up to date with company news.

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