U.S. Bancorp issues call for 1.95% notes, floaters due November 2018

By Wendy Van Sickle

Columbus, Ohio, Oct. 5 – U.S. Bancorp will redeem its 1.95% series T senior medium-term notes due Nov. 15, 2018 and its floating-rate series T senior medium-term notes due Nov. 15, 2018 a month early, according to a news release.

Each series of the notes will be redeemed at par plus accrued interest to but excluding the redemption date of Oct. 15, according to a company announcement.

Minneapolis-based U.S. Bancorp is a financial holding company and the parent company of U.S. Bank.

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