PNC Financial Services Group Files 8-K

Ticker: PNC · Form: 8-K · Filed: 2024-10-21T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, financial-reporting

Related Tickers: PNC

TL;DR

PNC filed an 8-K, likely with financial updates. Keep an eye out for details.

AI Summary

On October 16, 2024, The PNC Financial Services Group, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating updates or disclosures related to the company's financial activities and operations. No specific new financial figures or significant events were detailed in the provided excerpt.

Why It Matters

This filing signals that PNC Financial Services Group is providing updated information to the SEC, which could include material events or financial disclosures relevant to investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report, and the provided excerpt does not contain information indicating significant new risks or negative developments.

Key Players & Entities

FAQ

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

The filing is primarily related to "Other Events" and "Financial Statements and Exhibits" for The PNC Financial Services Group, Inc.

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

The date of the earliest event reported is October 16, 2024.

What is the company's principal executive office address?

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 The PNC Financial Services Group, Inc.?

The Commission File Number is 001-09718.

In which state was The PNC Financial Services Group, Inc. incorporated?

The company was incorporated in Pennsylvania.

Filing Stats: 857 words · 3 min read · ~3 pages · Grade level 10.3 · Accepted 2024-10-21 16:09:53

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events. On October 21, 2024, The PNC Financial Services Group, Inc. (the "Corporation") completed the public offer and sale of $1,500,000,000 aggregate principal amount of its 4.812% Fixed Rate/Floating Rate Senior Notes due October 21, 2032 (the "Notes"). The Notes were sold pursuant to an Underwriting Agreement dated October 16, 2024 (the "Underwriting Agreement") entered into by the Corporation, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and PNC Capital Markets LLC. 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 October 16, 2024, and filed with the Securities and Exchange Commission (the "Commission") on October 17, 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 Note are filed or incorporated by reference as Exhibits 1.1, 4.1, 4.2 and 4.3, respectively. A copy of the legality opinion delivered by Laura Gleason, counsel to the Corporation in connection with the issuance of the Notes, is attached hereto as Exhibit 5.1. This Current Report on Form 8-K is being filed for the

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 October 16, 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 4.812% Fixed Rate/Floating Rate Senior Note due October 21, 2032 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: October 21, 2024 By: /s/ Gregory H. Kozich Gregory H. Kozich Senior Vice President and Controller - 3-

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