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Published on 6/7/2013 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

PNC Financial calls Fidelity's $22 million MMCapS capital securities

By Angela McDaniels

Tacoma, Wash., June 7 - PNC Financial Services Group, Inc. will redeem all of the outstanding $22 million of MMCapS capital securities issued by Fidelity Capital Trust II, according to an 8-K filing with the Securities and Exchange Commission.

The company will pay $1,000 per capital security plus any accrued distributions to the redemption date, July 23.

PNC Financial is a Pittsburgh-based financial services company.


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