Fifth Third launches exchange offer for USD 1.27 billion senior notes

Fifth Third Bancorp launched a registered exchange offer for all outstanding unregistered senior notes issued in June 2026.

The offer covers $334.65 million 4% Senior Notes due 2029 and $938.14 million 5.982% Fixed-To-Floating Rate Senior Notes due 2030.

Holders will receive an equal principal amount of registered notes with substantially identical terms, removing transfer restrictions, registration rights and additional interest.

The tender deadline is set for 5 p.m. New York time on Sept. 22, 2026. Settlement is expected promptly after expiration.