Fifth Third Bancorp (FITB) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
On January 29, 2024, Fifth Third Bank issued $1 billion in 5.631% Fixed Rate/Floating Rate Senior Notes due 2032, underwritten by a consortium including Morgan Stanley & Co. LLC, and others. The offering was facilitated by a Supplemental Indenture with Wilmington Trust Company, amending the terms of Fifth Third’s Senior Debt Securities. The proceeds from the offering, after deductions, amounted to approximately $994 million. The offering and its details were filed with the SEC and are described in the relevant prospectus supplement and prospectus.
For further insights into FITB stock, check out TipRanks’ Stock Analysis page.
