PNC Financial Services Group Files 8-K

Ticker: PNC · Form: 8-K · Filed: 2024-07-23T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, financial-reporting, corporate-events

Related Tickers: PNC

TL;DR

PNC filed an 8-K on 7/18 for other events & financials.

AI Summary

On July 18, 2024, PNC Financial Services Group, Inc. filed an 8-K report detailing other events and financial statements. The filing includes information about the company's principal executive offices located at The Tower at PNC Plaza, 300 Fifth Avenue, Pittsburgh, Pennsylvania.

Why It Matters

This 8-K filing provides an update on significant events and financial information for PNC Financial Services Group, Inc., which is crucial for investors to stay informed about the company's status.

Risk Assessment

Risk Level: low — This filing is a routine 8-K report and does not appear to contain any immediately concerning or unusual information.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

This 8-K filing is to report "Other Events" and "Financial Statements and Exhibits" as of July 18, 2024.

What is the exact name of the company filing this report?

The exact name of the registrant is THE PNC FINANCIAL SERVICES GROUP, INC.

Where are PNC Financial Services Group's principal executive offices located?

The principal executive offices are located at The Tower at PNC Plaza, 300 Fifth Avenue, Pittsburgh, Pennsylvania 15222-2401.

What is the Commission File Number for PNC Financial Services Group?

The Commission File Number is 001-09718.

What is the date of the earliest event reported in this filing?

The date of the earliest event reported is July 18, 2024.

Filing Stats: 891 words · 4 min read · ~3 pages · Grade level 10.1 · Accepted 2024-07-23 16:09:27

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events. On July 23, 2024, The PNC Financial Services Group, Inc. (the "Corporation") completed the public offer and sale of (a) $1,000,000,000 aggregate principal amount of its 5.102% Fixed Rate/Floating Rate Senior Notes due July 23, 2027, and (b) $1,500,000,000 aggregate principal amount of its 5.401% Fixed Rate/Floating Rate Senior Notes due July 23, 2035 (collectively, the "Notes"). The Notes were sold pursuant to an Underwriting Agreement dated July 18, 2024 (the "Underwriting Agreement") entered into by the Corporation, PNC Capital Markets LLC, Barclays Capital Inc. and BofA Securities, Inc. The Underwriting Agreement is attached to this Current Report on Form 8-K as Exhibit 1.1 and is incorporated into this Item 8.01 by reference. The Notes were issued under an Indenture, dated as of September 6, 2012 (the "Base Indenture"), as amended and supplemented by a First Supplemental Indenture, dated as of April 23, 2021 (the "Supplemental Indenture" and together with the Base Indenture, the "Indenture"), between the Corporation and The Bank of New York Mellon, as trustee. The underwritten offering described in this Current Report on Form 8-K is more fully described in the prospectus supplement, dated July 18, 2024, and filed with the Securities and Exchange Commission (the "Commission") on July 19, 2024, to the accompanying prospectus filed with the Commission on December 13, 2021, as part of the Company's Registration Statement on Form S-3ASR (File No. 333-261622) (the "Registration Statement"). The above description of the Underwriting Agreement and the Indenture is qualified in its entirety by reference to the full text of such agreements. Copies of the Underwriting Agreement, the Base Indenture, the Supplemental Indenture and the Form of each Note are filed or incorporated by reference as Exhibits 1.1, 4.1, 4.2, 4.3 and 4.4, respectively. A copy of the legality opinion delivered by Laura Gleason, counsel to the Corporation in connection w

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Number Description Method of Filing 1.1 Underwriting Agreement dated as of July 18, 2024 Filed herewith 4.1 Indenture, dated as of September 6, 2012, between the Corporation and The Bank of New York Mellon Incorporated herein by reference to Exhibit 4.19 of Form S-3 filed on January 15, 2010, as amended by Post-Effective Amendment No. 1 filed on September 6, 2012 4.2 Supplemental Indenture, dated as of April 23, 2021, between the Corporation and The Bank of New York Mellon Incorporated herein by reference to Exhibit 4.2 of Form 8-K filed on April 23, 2021 4.3 Form of 5.102% Fixed Rate/Floating Rate Senior Note due July 23, 2027 Filed herewith 4.4 Form of 5.401% Fixed Rate/Floating Rate Senior Note due July 23, 2035 Filed herewith 5.1 Opinion of Laura Gleason Filed herewith 23.1 Consent of Laura Gleason (included in Exhibit 5.1) Filed herewith 104 The cover page of this Current Report on Form 8-K, formatted as an inline XBRL. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE PNC FINANCIAL SERVICES GROUP, INC. (Registrant) Date: July 23, 2024 By: /s/ Gregory H. Kozich Gregory H. Kozich Senior Vice President and Controller - 3-

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