PNC Financial Services Group 6.125% Fixed to Floating Non Cumulative, Perpetual Preferred Stock

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S&P Rating   BBB   Moodys Rating   Baa3

Security Ticker Symbol   PNC-P

Market Traded ON   NYSE

Dividend Payment Paid on the 1st of February, May, August and November beginning on 06/01/2013

Quarterly Dividend   .383   Annual Dividend   1.531

Dividends will be fixed at 6.125% until 5/1/2022 and then dividend will float at 3 month libor plus 4.0675%

Securities may be redeemed, at the issuers option, as early as 05/01/2022 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for PNC Financial

Below you can find the offering Prospectus and Final Pricing Document

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